Young Mens Christian Association of Albuquerque

Analysis

Young Mens Christian Association of Albuquerque is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 1942, 84 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Young Mens Christian Association of Albuquerque reported income of $5.4m and spending of $4.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $5.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Albuquerque sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include The Sportmens Tennis & Enrichment Center Inc ($5.4m), Glow Young Mens Christian Association Inc ($5.4m) and Coro Northern California Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $177k (3.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.2m against liabilities of $4.3m, net assets of $3.9m. It reported 301 employees.