Young Mens and Young Womens Hebrew Association of Washington Heights

Analysis

Young Mens and Young Womens Hebrew Association of Washington Heights is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1938, 88 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young Mens and Young Womens Hebrew Association of Washington Heights reported income of $13.6m and spending of $12.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.7m to $13.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens and Young Womens Hebrew Association of Washington Heights sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Fulton-Atlanta Community Action Authority Inc ($13.6m), Room to Grow National Inc ($13.6m) and Northeast Community Center for Mental Health-Mental Retardation I ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $1.1m (8.8% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $23.8m against liabilities of $4.0m, net assets of $19.8m. It reported 391 employees.