The Young Mens and Young Womens Hebrew Association

Analysis

The Young Mens and Young Womens Hebrew Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1948, 78 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, The Young Mens and Young Womens Hebrew Association reported income of $114.0m and spending of $75.1m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $83.4m to $114.0m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Young Mens and Young Womens Hebrew Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Turning Point for God ($109.7m), Religious and Charitable Risk Pooling Trust of the Brothers of ($126.6m) and American Bible Society ($108.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $3.6m (4.8% of expenses). Other salaries and wages came to $32.2m. At year end it held assets of $191.1m against liabilities of $32.7m, net assets of $158.3m. It reported 1,400 employees.