YMCA of Metuchen NJ

Analysis

YMCA of Metuchen NJ is a registered charity in United States, based in Metuchen, NJ. It received its IRS tax-exemption ruling in October 1942, 84 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, YMCA of Metuchen NJ reported income of $13.8m and spending of $13.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $13.8m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, YMCA of Metuchen NJ 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 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Catholic Charities Inc ($13.8m), Northcrest Inc ($13.8m) and Seniorcare Inc ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $467k (3.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $21.5m against liabilities of $4.2m, net assets of $17.3m. It reported 759 employees.