Young Mens Christian Association Buffalo Niagara

Analysis

Young Mens Christian Association Buffalo Niagara is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 1954, 72 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 Buffalo Niagara reported income of $26.1m and spending of $26.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.5m to $26.1m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 95% 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 Buffalo Niagara sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Regional Task Force on the Homeless Inc ($26.1m), Community Based Services Inc ($26.1m) and Atherton Baptist Homes ($26.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $688k (2.6% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $61.2m against liabilities of $21.1m, net assets of $40.1m. It reported 1,222 employees.