Young Mens Christian Association of Eastern Union County

Analysis

Young Mens Christian Association of Eastern Union County is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in July 1936, 90 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 of Eastern Union County reported income of $17.1m and spending of $16.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.6m to $17.1m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 43%. 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 of Eastern Union County sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Institute for Public Health Innovation ($17.1m), Peninsula Jewish Community Center ($17.1m) and Caritas of Waco ($17.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $1.4m (8.9% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $29.2m against liabilities of $9.9m, net assets of $19.3m. It reported 452 employees.