Young Mens Christian Association of Kingston and Ulster County

Analysis

Young Mens Christian Association of Kingston and Ulster County is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in August 1971, 55 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, Young Mens Christian Association of Kingston and Ulster County reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $5.0m (+49%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 61%. 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, Young Mens Christian Association of Kingston and Ulster County 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 Society of St Vincent de Paul Council of Northern Kentucky Inc ($5.0m), Harford Crisis Center Inc ($5.0m) and Aging & Family Services of Mineral County Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $155k (3.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $11.2m against liabilities of $1.2m, net assets of $10.0m. It reported 398 employees.