Young Mens Christian Association of Glendale

Analysis

Young Mens Christian Association of Glendale is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Glendale reported income of $5.4m and spending of $4.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $5.4m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Mens Christian Association of Glendale sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Philadelphia-Montgomery Chrisitan Academy ($5.4m), Futuro Academy Incorporated ($5.4m) and Hope Chinese Charter School ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $5.6m against liabilities of $4.4m, net assets of $1.2m. It reported 120 employees.