Wendell P Clark Memorial Young Mens Christian Association Inc

Analysis

Wendell P Clark Memorial Young Mens Christian Association Inc is a registered charity in United States, based in Winchendon, MA. It received its IRS tax-exemption ruling in June 1951, 75 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Wendell P Clark Memorial Young Mens Christian Association Inc reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $1.4m to $1.7m (+19%), an average of +3.5% a year. The sharpest change came in the year to August 2019, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wendell P Clark Memorial Young Mens Christian Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Boys & Girls Brigade Association Inc ($1.7m), Healthy Capital District Initiative ($1.7m) and Boys & Girls Club of Poplar Bluff Missouri ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 65% of the total. Other salaries and wages came to $968k. At year end it held assets of $11.1m against liabilities of $445k, net assets of $10.6m. It reported 88 employees.