Young Mens Christian Assoc of Grays Harbor

Analysis

Young Mens Christian Assoc of Grays Harbor is a registered charity in United States, based in Hoquiam, WA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Young Mens Christian Assoc of Grays Harbor reported income of $5.5m and spending of $4.7m, spending 86% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.0m to $5.5m (+38%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Assoc of Grays Harbor sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include South Central Community Action Agency ($5.5m), Specialized Alternatives for Families and Youth of Indiana Inc ($5.5m) and Young Womens Christian Association of the City of New York ($5.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $172k (3.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $13.8m against liabilities of $2.0m, net assets of $11.8m. It reported 344 employees.