Young Mens and Young Womens Hebrew Association of Williamsburg Inc

Analysis

Young Mens and Young Womens Hebrew Association of Williamsburg Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1939, 87 years ago. 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 January 2024, Young Mens and Young Womens Hebrew Association of Williamsburg Inc reported income of $4.2m and spending of $4.0m, spending 94% of its income. Across the 4 years on record, from January 2020 to January 2024, income grew from $3.1m to $4.2m (+35%), an average of +10% a year. The sharpest change came in the year to January 2023, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens and Young Womens Hebrew Association of Williamsburg 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 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Stewpot Community Services Inc ($4.2m), Beam Center Inc ($4.2m) and Philanthropy Northwest ($4.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $558k against liabilities of $185k, net assets of $374k. It reported 38 employees.