YMCA OF GREENVILLE FOUNDATION INC
Mission Statement
Established in 1973, the YMCA of Greenville Foundation, Inc. is a nonprofit 501(c)(3) and 509(a)(3) corporation classified as a public charity operating for the benefit of the YMCA of Greenville. The YMCA of Greenville Foundation, Inc. exists as a separate non-profit charity from the YMCA of Greenville. Every person is treasured at the YMCA, and every gift matters. Year after year and generation after generation, our leaders guide our organization with an eye to our four core values: caring, honesty, respect and responsibility. While the needs of a community will change, these pillars of character taught at the YMCA will endure to provide impactful solutions.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
50.6% | 94.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
49.4% | 3.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
164.3 mo | 6.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.1% | 89.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
129.1% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.1% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
62.3% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $547K | $206K | $2.8M | 50.6% | 0 |
| 2023 | $239K | $210K | $2.4M | 40.1% | 0 |
| 2022 | $226K | $213K | $2.1M | 39.6% | 0 |
| 2021 | $329K | $198K | N/A | — | 0 |
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