Indiana Alliance of Ymcas Incorporated

Analysis

Indiana Alliance of Ymcas Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Alliance of Ymcas Incorporated reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $2.4m (+71%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indiana Alliance of Ymcas Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include African Women Rising ($2.4m), Voice of Calvary Ministries ($2.4m) and Mother and Unborn Babycare of Long Island Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 30% of the total. At year end it held assets of $8.0m against liabilities of $7.3m, net assets of $644k.