Mid-Willamette Family YMCA Inc

Analysis

Mid-Willamette Family YMCA Inc is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in December 1960, 66 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 December 2023, Mid-Willamette Family YMCA Inc reported income of $9.4m and spending of $5.7m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $9.4m (+232%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Willamette Family YMCA Inc 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 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Sacred Heart Care Center Inc ($9.4m), Bauer Family Resources Inc ($9.4m) and Bell-Whitley Community Action Agency Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $149k (2.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $29.9m against liabilities of $4.6m, net assets of $25.4m. It reported 212 employees.