Young Mens Christian Association of Clifton Springs

Analysis

Young Mens Christian Association of Clifton Springs is a registered charity in United States, based in Clifton SPGS, NY. It received its IRS tax-exemption ruling in July 1944, 82 years ago. 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 of Clifton Springs reported income of $1.1m and spending of $626k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $1.1m (+142%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Clifton Springs sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Unemployment Information Center ($1.1m), Boy Scouts of America ($1.1m) and South Baldwin County Hospital Corp ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $99k (16% of expenses). Other salaries and wages came to $226k. At year end it held assets of $3.4m against liabilities of $143k, net assets of $3.2m. It reported 28 employees.