YMCA of the USA 
The information on this page was last updated 1/15/2024. If you see errors or omissions, please email: [email protected]
Summary
The YMCA is the leading nonprofit committed to strengthening individuals and communities across the country. At the Y, we're here to help you find your "why" - your greater sense of purpose - by connecting you with opportunities to improve your health, support young people, make new friends and contribute to a stronger, more cohesive community for all.
Contact information
Mailing address:
YMCA of the USA
101 North Wacker Drive
Chicago, IL 60606
Website: www.ymca.org
Phone: (312) 977-0031
Email: [email protected]
Organization details
EIN: 363258696
CEO/President: Suzanne McCormick
Chairman: Cici Rojas
Board size: 26
Founder: George Williams
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/30
Member of ECFA: No
Member of ECFA since:
Purpose
Vision: A commitment to a better future - for all.
The Y is committed to partnering with young people to create stronger communities and a more equitable society for all of us. We envision a future in which all people - no matter who they are or where they come from - get the support they need, when they need it, to reach their full potential.
We envision a future in which all people achieve health, gain confidence, make connections and feel secure at every stage of life. The Y is committed to developing new generations of changemakers who will create the communities we all want to live in.
Mission statement
To put Christian principles into practice through programs that build healthy spirit, mind and body for all.
Guided by our core values of caring, honesty, respect and responsibility, the Y is dedicated to giving people of all ages, backgrounds and walks of life the opportunity to reach their full potential with dignity.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 313 of 1106 | 41 of 122 |
| Fund acquisition rating | | 483 of 1107 | 46 of 122 |
| Resource allocation rating | | 48 of 1107 | 17 of 122 |
| Asset utilization rating | | 725 of 1106 | 79 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 5% | 3% | 3% | 5% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 2% | 1% | 1% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 35% | 53% | 56% | 32% | 26% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 2% | 2% | 1% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 65% | 47% | 44% | 68% | 74% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 90% | 87% | 89% | 90% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 110% | 66% | 107% | 102% | 109% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 100% | 58% | 95% | 91% | 93% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | -10% | 34% | -7% | -2% | -9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -8% | 26% | -6% | -2% | -10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 8% | 11% | 10% | 8% | 13% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 0.64 | 0.42 | 0.73 | 0.86 | 0.97 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.67 | 1.50 | 1.38 | 1.41 | 1.38 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 1.06 | 0.62 | 1.01 | 1.22 | 1.33 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 4.26 | 5.42 | 4.25 | 5.94 | 6.90 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.23 | 0.18 | 0.24 | 0.17 | 0.14 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 8.64 | 15.74 | 9.10 | 8.21 | 7.71 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 26% | 19% | 24% | 19% | 20% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 2% | 3% | 4% | 6% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 116% | 195% | 104% | 94% | 83% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $48,636,755 | $58,256,145 | $64,600,703 | $35,519,833 | $18,644,538 |
| Receivables, inventories, prepaids | $25,651,581 | $26,827,987 | $13,086,876 | $24,216,259 | $32,318,498 |
| Short-term investments | $49,003,487 | $68,961,354 | $47,115,739 | $54,989,305 | $59,245,651 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $123,291,823 | $154,045,486 | $124,803,318 | $114,725,397 | $110,208,687 |
| Long-term investments | $56,199,930 | $56,839,259 | $30,966,837 | $29,922,918 | $24,456,401 |
| Fixed assets | $9,517,242 | $8,701,304 | $6,256,731 | $8,014,333 | $8,523,448 |
| Other long-term assets | $16,450,774 | $10,954,498 | $9,831,811 | $9,113,624 | $8,591,114 |
| Total long-term assets | $82,167,946 | $76,495,061 | $47,055,379 | $47,050,875 | $41,570,963 |
| Total assets | $205,459,769 | $230,540,547 | $171,858,697 | $161,776,272 | $151,779,650 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $28,284,991 | $25,163,224 | $25,379,889 | $18,672,339 | $14,798,104 |
| Other current liabilities | $654,017 | $3,272,880 | $4,009,912 | $639,748 | $1,169,520 |
| Total current liabilities | $28,939,008 | $28,436,104 | $29,389,801 | $19,312,087 | $15,967,624 |
| Debt | $4,500,000 | $5,000,000 | $5,500,000 | $6,000,000 | $9,500,000 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $20,101,565 | $10,801,947 | $6,568,088 | $4,808,617 | $5,227,099 |
| Total long-term liabilities | $24,601,565 | $15,801,947 | $12,068,088 | $10,808,617 | $14,727,099 |
| Total liabilities | $53,540,573 | $44,238,051 | $41,457,889 | $30,120,704 | $30,694,723 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $34,137,199 | $46,644,192 | $38,195,517 | $41,024,388 | $30,314,391 |
| With donor restrictions | $117,781,997 | $139,658,304 | $92,205,291 | $90,631,180 | $90,770,536 |
| Net assets | $151,919,196 | $186,302,496 | $130,400,808 | $131,655,568 | $121,084,927 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $41,982,625 | $77,106,416 | $65,805,390 | $43,437,498 | $34,366,213 |
| Program service revenue | $71,818,329 | $62,189,455 | $48,352,947 | $84,415,118 | $83,052,150 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $4,113,792 | $4,674,769 | $3,165,083 | $6,605,798 | $15,419,155 |
| Other revenue | $682,066 | $766,084 | $569,167 | $2,958,931 | $1,789,690 |
| Total other revenue | $76,614,187 | $67,630,308 | $52,087,197 | $93,979,847 | $100,260,995 |
| Total revenue | $118,596,812 | $144,736,724 | $117,892,587 | $137,417,345 | $134,627,208 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $118,417,640 | $83,652,275 | $111,724,319 | $125,730,814 | $125,415,585 |
| Management and general | $10,464,870 | $10,121,126 | $12,361,332 | $11,672,092 | $19,050,088 |
| Fundraising | $2,123,729 | $2,002,267 | $1,722,829 | $2,112,268 | $2,203,966 |
| Total expenses | $131,006,239 | $95,775,668 | $125,808,480 | $139,515,174 | $146,669,639 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($12,409,427) | $48,961,056 | ($7,915,893) | ($2,097,829) | ($12,042,431) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($12,409,427) | $48,961,056 | ($7,915,893) | ($2,097,829) | ($12,042,431) |
Compensation
| Name | Title | Compensation |
| Suzanne McCormick | President and CEO | $739,229 |
| Paul McEntire | Executive Vice President, Chief Operating Officer | $704,312 |
| Rebecca Bowen | Executive Vice President, Chief Advancement Officer | $526,625 |
| Roger Jackson | Vice President, Certification and Membership Standards | $509,148 |
| Karyn Kirk | Executive Vice President, Chief Legal Officer | $456,061 |
| Shawn Borzelleri | Executive Vice President, Chief Network Experience Officer | $426,310 |
| Robert Denton | Executive Vice President, Chief Government Relations and Chief Public Policy Officer | $416,378 |
| Emmanuel Cesar Silva | Executive Vice President, Chief Administrative Officer (Effective 04/2022) | $411,576 |
| Nancy L Owens | Senior Vice President, Chief Financial Officer (Through 03/2022) | $388,253 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/15/2024. To update the information below, please email: [email protected]
History
When George Williams founded the first YMCA in Industrial Revolution-era London, he sought to create a supportive community to help young men like himself address pressing social challenges. The idea found a home in the U.S. seven years later at the Old South Church in Boston. The last 170+ years have seen the Y's mission grow exponentially, and today the Y engages more than 10,000 communities across the U.S. As the nation's leading nonprofit, the Y is committed to empowering people to reach their full potential, to improving well-being, inspiring action, strengthening communities and ensuring that everyone has the opportunity to become healthier, more confident, connected and secure.
For a timeline, visit: https://www.ymca.org/who-we-are/our-history