YMCA of the Greater Tri-Cities

Analysis

YMCA of the Greater Tri-Cities is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in February 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 June 2023, YMCA of the Greater Tri-Cities reported income of $3.5m and spending of $3.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.5m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of the Greater Tri-Cities sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Union Mission Ministries Inc ($3.5m), Hopkins County Family Young Mens Christian Association Inc ($3.5m) and The Karen Organization of Minnesota ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $250k (6.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.9m against liabilities of $436k, net assets of $3.4m. It reported 120 employees.