Young Mens Christian Association of Burbank Calif

Analysis

Young Mens Christian Association of Burbank Calif is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in February 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Burbank Calif reported income of $7.2m and spending of $8.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $7.2m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 108% 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 Burbank Calif sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Action Inc ($7.2m), Community Agency for Senior Citizens Inc ($7.2m) and Many Hands for Haiti ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $356k (4.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $3.6m against liabilities of $4.3m, net assets of -$764k. It reported 201 employees.