Young Mens Christian Association of Trenton

Analysis

Young Mens Christian Association of Trenton is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in July 1942, 84 years ago. 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 June 2023, Young Mens Christian Association of Trenton reported income of $5.2m and spending of $4.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.2m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 90% 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 Trenton sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Ray of Hope Inc ($5.2m), Community Action Council of Portage ($5.2m) and Fbi National Academy Associates Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $128k (2.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $15.4m against liabilities of $662k, net assets of $14.8m. It reported 140 employees.