Valley of the Sun Young Mens Christian Association

Analysis

Valley of the Sun Young Mens Christian Association is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1938, 88 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Valley of the Sun Young Mens Christian Association reported income of $41.7m and spending of $42.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.7m to $41.7m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley of the Sun Young Mens Christian Association sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Chimes Inc ($41.6m), White Horse Village Inc ($41.9m) and Masonic Homes of Kentucky Inc ($41.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $1.2m (2.7% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $51.5m against liabilities of $19.1m, net assets of $32.4m. It reported 1,450 employees.