Young Mens Christian Association of Metropolitan Los Angeles

Analysis

Young Mens Christian Association of Metropolitan Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1988, 38 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, Young Mens Christian Association of Metropolitan Los Angeles reported income of $80.4m and spending of $89.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $119.2m to $80.4m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Metropolitan Los Angeles sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Boston Health Care for the Homeless Program Inc ($80.3m), Holland Home ($80.4m) and Community Food Bank Inc ($80.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $2.7m (3.0% of expenses). Other salaries and wages came to $36.6m. It paid $14k in professional fundraising fees. At year end it held assets of $262.3m against liabilities of $50.2m, net assets of $212.1m. It reported 2,563 employees.