Family Young Mens Christian Association of Marion & Polk Count

Analysis

Family Young Mens Christian Association of Marion & Polk Count is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in September 1942, 84 years ago. 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 December 2023, Family Young Mens Christian Association of Marion & Polk Count reported income of $7.5m and spending of $8.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $7.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Young Mens Christian Association of Marion & Polk Count sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Community Housing Solutions ($7.5m), National Disability Rights Network Inc ($7.6m) and Orchard Manor ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $384k (4.7% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $23.3m against liabilities of $1.4m, net assets of $21.9m. It reported 470 employees.