Young Womens Christian Association of Schenectady

Analysis

Young Womens Christian Association of Schenectady is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in February 1996, 30 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 Womens Christian Association of Schenectady reported income of $5.4m and spending of $5.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.4m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Womens Christian Association of Schenectady sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Community Action of East Central Indiana Inc ($5.4m), People with Ideas of Love Liberty Acceptance and Respect -Pillar ($5.4m) and Young Mens Christiann Association of Hastings Nebraska ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $204k (3.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.7m against liabilities of $2.9m, net assets of $787k. It reported 74 employees.