Golden State YMCA

Analysis

Golden State YMCA is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Golden State YMCA reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.8m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 304%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden State YMCA sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Mattoon Area Young Mens Christian Association ($2.8m), Families Matter Inc ($2.8m) and Homeless Assistance Leadership Organization Incorporated ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $132k (4.9% of expenses). Other salaries and wages came to $972k. At year end it held assets of $3.3m against liabilities of $930k, net assets of $2.4m. It reported 117 employees.