The Young Womens Christian Assoc of Yonkers

Analysis

The Young Womens Christian Assoc of Yonkers is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in May 1956, 70 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, The Young Womens Christian Assoc of Yonkers reported income of $6.3m and spending of $6.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $6.3m (+92%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Young Womens Christian Assoc of Yonkers sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Vermont Adult Learning Inc ($6.3m), Lunenburg Nottoway Educational Foundation ($6.3m) and Archways Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $189k (3.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $6.0m against liabilities of $3.8m, net assets of $2.2m. It reported 132 employees.