Grants Pass Family YMCA

Analysis

Grants Pass Family YMCA is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in August 1985, 41 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, Grants Pass Family YMCA reported income of $3.1m and spending of $3.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.1m (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grants Pass Family YMCA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Boy Scouts of America ($3.1m), Navy Hale Keiki School Inc ($3.1m) and Amigos Together for Kids Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $87k (2.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.0m against liabilities of $1.5m, net assets of $2.5m. It reported 154 employees.