Metropolitan YMCA of the Oranges Inc

Analysis

Metropolitan YMCA of the Oranges Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in April 1934, 92 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, Metropolitan YMCA of the Oranges Inc reported income of $48.8m and spending of $43.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.5m to $48.8m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metropolitan YMCA of the Oranges Inc 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 99th percentile within NJ. Charities of a similar size with the same main cause include Tri Cities Community Health ($48.7m), Odyssey House Inc-Utah ($48.8m) and Taco Bell Foundation Inc ($48.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.4m (7.9% of expenses). Other salaries and wages came to $18.1m. At year end it held assets of $53.8m against liabilities of $9.2m, net assets of $44.6m. It reported 1,706 employees.