Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Little Falls, NY. It received its IRS tax-exemption ruling in October 1998, 28 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, Young Mens Christian Association reported income of $1.2m and spending of $1.5m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $1.2m (+181%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 71% 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 sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Seniors on the Go Inc ($1.2m), Gibson Center for Senior Services Inc ($1.2m) and Leaders for Life Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $45k (3.0% of expenses). Other salaries and wages came to $117k. It paid $13k in professional fundraising fees. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 34 employees.