Cannon Street Young Mens Christian Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF THE YMCA OF GREATER CHARLESTON IS TO IMPROVE THE LIVES OF ALL IN THE GREATER CHARLESTON AREA BY CONNECTING INDIVIDUALS, FAMILIES, AND COMMUNITIES WITH OPPORTUNITIES BASED ON CHRISTIAN VALUES THAT STRENGTHEN SPIRIT, MIND AND BODY.
- Income
- $1.4 million
- Spending
- $1.7 million
- Spent on programs
- 90%
- Reserves
- -163.1 months of spending
- Largest source of income
- fees for its services, 88%
- Employees
- 159
- Volunteers
- 25
- Highest pay
- $70,749, cheif executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 17 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 98% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Income trend
0 of 15Income fell 48% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 34 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $48,903 spent. Sports - Both youth and adult sports offered at the YMCA of Greater Charleston provide a place for the community to connect and create opportunities for the lives of all participants to be impacted physically and socially. Bonds are created with other families and participants in the community forming meaningful relationships. Positive examples are modeled and connections from newly developed networks strengthen the ties in the community.
- $26,206 spent. Day Camp -Day Camps are exciting environments for children to meet new friends and participate in a variety of fun-filled activities. They offer children a variety of age-appropriate experiences to play and learn together. The camps include activities like swimming, arts and crafts, sports, and games. The YMCA of Greater Charleston offers themed camps like sports, aquatics, arts, leadership, science, and more to nurture your child's interests or help them discover new ones.
- $11,280 spent. Aquatics - Learning to swim is an important life skill, no matter the age. The YMCA of Greater Charleston offers a number of different programs to reach the wide range of potential swimmers. Group and private lessons are offered to ages 3 to 17. Lessons match swimmers by their age, ability and comfort level in the water. Adult lessons are offered with a range from just getting comfortable in the water, swimming for fun, safety or swimming for competitive events.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Old Colony Young Mens Christian Association Inc (Brockton, MA), EIN 04-2125014. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.