Prescott YMCA of Yavapai County

Analysis

Prescott YMCA of Yavapai County is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in June 1958, 68 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, Prescott YMCA of Yavapai County reported income of $4.2m and spending of $4.0m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.2m (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prescott YMCA of Yavapai County 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 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include The Urban Food Initiative Inc ($4.2m), Abilities Services Inc ($4.2m) and People Against a Violent Environment Incorporated ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $141k (3.5% of expenses). At year end it held assets of $11.1m against liabilities of $319k, net assets of $10.8m. It reported 164 employees.