West Suburban Y M C a

Analysis

West Suburban Y M C a is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Suburban Y M C a reported income of $12.9m and spending of $12.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $12.9m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Suburban Y M C a sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Acsi Children Education Fund Inc ($12.9m), Community Living Case Managementinc ($13.0m) and Hospice of the Sacred Heart ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $497k (3.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $33.2m against liabilities of $20.4m, net assets of $12.8m. It reported 588 employees.