YMCA of Greater Rochester

Analysis

YMCA of Greater Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1934, 92 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 March 2024, YMCA of Greater Rochester reported income of $67.3m and spending of $64.9m, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $59.0m to $67.3m (+14%), an average of +3.4% a year. The sharpest change came in the year to March 2021, when income dropped by 46%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Greater Rochester sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Operation Warm Inc ($66.7m), Chi Living Communities ($67.5m) and Clearbrook ($66.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.5m (2.2% of expenses). Other salaries and wages came to $29.7m. At year end it held assets of $142.0m against liabilities of $51.3m, net assets of $90.7m. It reported 3,573 employees.