Hampshire Regional Young Mens Christian Association

Analysis

Hampshire Regional Young Mens Christian Association is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in August 1955, 71 years ago. 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 December 2023, Hampshire Regional Young Mens Christian Association reported income of $5.0m and spending of $4.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $5.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hampshire Regional Young Mens Christian Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Brehm Preparatory School Inc ($5.0m), Library System of Lancaster County ($5.0m) and Harlem Congregations for Community Improvement Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $156k (3.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $8.5m against liabilities of $1.7m, net assets of $6.9m. It reported 334 employees.