YMCA of Yonkers Inc

Analysis

YMCA of Yonkers Inc is a registered charity in United States, based in Yonkers, 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA of Yonkers Inc reported income of $4.7m and spending of $4.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.7m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Yonkers Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Womens Fund of Greater Omaha Inc ($4.7m), US Together Inc ($4.7m) and Cradle Foundation ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $131k (3.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.2m against liabilities of $770k, net assets of $1.4m. It reported 94 employees.