Rockland County YMCA

Analysis

Rockland County YMCA is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in February 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Rockland County YMCA reported income of $5.3m and spending of $4.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $5.3m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockland County YMCA 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Mi Casa Resource Center ($5.3m), A Kids Place of Tampa Bay ($5.3m) and Farhang Foundation ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $238k (4.9% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.4m against liabilities of $1.5m, net assets of $3.8m. It reported 287 employees.