Railroad & Local Young Mens Christian Association of Oneonta

Analysis

Railroad & Local Young Mens Christian Association of Oneonta is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in December 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Railroad & Local Young Mens Christian Association of Oneonta reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.4m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Railroad & Local Young Mens Christian Association of Oneonta sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Jewish Childrens Home of Rhode Island ($1.4m), Childrens Center of Knoxville Inc ($1.5m) and Urban Ministry Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $88k (6.1% of expenses). Other salaries and wages came to $726k. At year end it held assets of $3.3m against liabilities of $566k, net assets of $2.8m. It reported 124 employees.