YMCA of Plattsburgh Inc

Analysis

YMCA of Plattsburgh Inc is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, YMCA of Plattsburgh Inc reported income of $6.1m and spending of $3.7m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $6.1m (+132%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, YMCA of Plattsburgh Inc sits at the 97th percentile: it is larger than about 97% 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 Afterschool Alliance ($6.1m), Boy Scouts of America ($6.1m) and New City Kids Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $5.4m against liabilities of $658k, net assets of $4.8m. It reported 243 employees.