Wenatchee Valley Young Mens Christian Association

Analysis

Wenatchee Valley Young Mens Christian Association is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in September 1942, 84 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, Wenatchee Valley Young Mens Christian Association reported income of $8.2m and spending of $4.2m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $8.2m (+136%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wenatchee Valley Young Mens Christian Association 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 95th percentile within WA. Charities of a similar size with the same main cause include Society of St Vincent de Paul Central Council of Pittsburgh ($8.2m), Delaware County Agicultural Society ($8.2m) and Riversport Foundation ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $155k (3.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $14.1m against liabilities of $274k, net assets of $13.8m. It reported 192 employees.