Channel Islands Young Mens Christian Association

Analysis

Channel Islands Young Mens Christian Association is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in January 1943, 83 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 June 2023, Channel Islands Young Mens Christian Association reported income of $19.3m and spending of $18.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.2m to $19.3m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Channel Islands Young Mens Christian Association sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Community Seniorserv Inc ($19.3m), Antelope Valley Domestic Violence Council ($19.3m) and Harc Inc ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $820k (4.4% of expenses). Other salaries and wages came to $8.5m. It paid $6,939 in professional fundraising fees. At year end it held assets of $40.3m against liabilities of $4.8m, net assets of $35.5m. It reported 804 employees.