YMCA Shared Services Inc

Analysis

YMCA Shared Services Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA Shared Services Inc reported income of $410k and spending of $460k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $410k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA Shared Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Dallas Hope Charities ($410k), Eternal Anchor ($410k) and Foresight Ski Guides Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $301k against liabilities of $14k, net assets of $287k.