Texas Alliance of Ymcas

Analysis

Texas Alliance of Ymcas is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in January 2023, 3 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, Texas Alliance of Ymcas reported income of $829k and spending of $283k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $350k to $829k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Alliance of Ymcas sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Riverstone Health Foundation ($828k), Trinity Lutheran Early Education Center ($829k) and Afcamp Family Empowerment Center Inc ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $397k against liabilities of $530, net assets of $396k.