Young Mens Christian Association of Honolulu

Analysis

Young Mens Christian Association of Honolulu is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1937, 89 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 Honolulu reported income of $29.6m and spending of $29.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $31.3m to $29.6m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 99% 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 Honolulu sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Crystal Springs Inc ($29.6m), Kendal at Ithaca ($29.6m) and Unity Limited Partnership ($29.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.5m (5.1% of expenses). Other salaries and wages came to $13.4m. It paid $143k in professional fundraising fees. At year end it held assets of $67.4m against liabilities of $4.8m, net assets of $62.6m. It reported 1,170 employees.