The Young Mens Christian Association of Northern Utah

Analysis

The Young Mens Christian Association of Northern Utah is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 1959, 67 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, The Young Mens Christian Association of Northern Utah reported income of $8.0m and spending of $6.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $8.0m (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Young Mens Christian Association of Northern Utah sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Hall Neighborhood House Inc ($8.0m), Catholic Charities of the Diocese of LA Crosse Inc ($8.0m) and Emmaus Community of Pittsburgh ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $272k (4.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $11.7m against liabilities of $860k, net assets of $10.8m. It reported 305 employees.