Young Mens and Young Womens Hebrew Association of the Bronx

Analysis

Young Mens and Young Womens Hebrew Association of the Bronx is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1938, 88 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 June 2023, Young Mens and Young Womens Hebrew Association of the Bronx reported income of $8.6m and spending of $8.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $8.6m (+15%), an average of +3.4% a year. Over the whole period it spent 91% 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 the Bronx sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Newman Foundation at the University of Illinois ($8.6m), Kansas City Streetcar Authority ($8.6m) and Shura Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $528k (6.4% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.3m against liabilities of $4.7m, net assets of $4.7m. It reported 317 employees.