Meeting Waters YMCA

Analysis

Meeting Waters YMCA is a registered charity in United States, based in Bellows Falls, VT. It received its IRS tax-exemption ruling in October 1968, 58 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 August 2023, Meeting Waters YMCA reported income of $575k and spending of $428k, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $566k to $575k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to August 2021, when income rose by 46%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meeting Waters YMCA sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Three Squares New England ($575k), Aardvark Child Care and Learning Center Inc ($575k) and Fosterful ($574k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $259k. At year end it held assets of $732k against liabilities of $12k, net assets of $720k.