Anchorage Community YMCA

Analysis

Anchorage Community YMCA is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 1968, 58 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, Anchorage Community YMCA reported income of $8.9m and spending of $6.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $8.9m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anchorage Community YMCA sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AK. Charities of a similar size with the same main cause include Childrens Home of Easton Pa ($8.9m), Childrens Rehabilitation Center Inc ($8.9m) and Indiana Community Action Program ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $178k (2.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $12.2m against liabilities of $1.8m, net assets of $10.5m. It reported 339 employees.