Y-Cop of Mount Vernon Inc

Analysis

Y-Cop of Mount Vernon Inc is a registered charity in United States, based in Mount Vernon, NY. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Y-Cop of Mount Vernon Inc reported income of $551k and spending of $574k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $195k to $551k (+183%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Y-Cop of Mount Vernon Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Patriots Gateway Community Center ($551k), New England Yankee Hockey Conference Inc ($551k) and Virginia Amateur Sports Inc ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Other salaries and wages came to $290k. At year end it held assets of $22k against liabilities of $12k, net assets of $9,048. It reported 25 employees.