Santa Monica Family YMCA Endowment Fund

Analysis

Santa Monica Family YMCA Endowment Fund is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Monica Family YMCA Endowment Fund reported income of $625k and spending of $42k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $625k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 8.2% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santa Monica Family YMCA Endowment Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Madison County Urban League Inc ($625k), The Campbell School Inc ($625k) and Rising Tide Preschool ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. At year end it held assets of $19.2m against liabilities of $0, net assets of $19.2m.