The Family YMCA

Analysis

The Family YMCA is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in December 1959, 67 years ago. 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, The Family YMCA reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Family YMCA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Pui Tak Center ($3.2m), American Friends of Lev Aharon ($3.2m) and Partnership for Economic Policy Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $159k (5.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.5m. It reported 189 employees.