Ottawa YMCA Foundation

Analysis

Ottawa YMCA Foundation is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in October 2021, 5 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, Ottawa YMCA Foundation reported income of $1.3m and spending of $210k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.0m to $1.3m (-66%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 4.4% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ottawa YMCA Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include All Kids Can Learn International Inc ($1.3m), Lutheran Retirement Center - Clemmons Inc ($1.3m) and London Town Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $9.3m against liabilities of $1.2m, net assets of $8.1m.