Young Mens-Young Womens Hebrew Association of Bergen County

Analysis

Young Mens-Young Womens Hebrew Association of Bergen County is a registered charity in United States, based in West Nyack, NY. It received its IRS tax-exemption ruling in May 2019, 7 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 August 2023, Young Mens-Young Womens Hebrew Association of Bergen County reported income of $770k and spending of $789k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $642k to $770k (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2022, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens-Young Womens Hebrew Association of Bergen County sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Bridges of Norman Inc ($769k), Foodshed Alliance a NJ Nonprofit Corporation ($770k) and Family & Community Services of Somerset County ($769k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 4.8% of the total. Other salaries and wages came to $307k. At year end it held assets of $4.8m against liabilities of $38k, net assets of $4.7m.