The Riverbrook Regional Young Mens Christian Association Inc

Analysis

The Riverbrook Regional Young Mens Christian Association Inc is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in July 1969, 57 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, The Riverbrook Regional Young Mens Christian Association Inc reported income of $6.8m and spending of $7.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $6.8m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Riverbrook Regional Young Mens Christian Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Alexander Milne Developmental Services ($6.8m), Usta Northern California ($6.8m) and St Albans Early Childhood Center Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $21.1m against liabilities of $14.7m, net assets of $6.4m. It reported 451 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.