Lakeland Hills YMCA

Analysis

Lakeland Hills YMCA is a registered charity in United States, based in Mountain LKS, NJ. It received its IRS tax-exemption ruling in July 1946, 80 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, Lakeland Hills YMCA reported income of $8.4m and spending of $8.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $8.4m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeland Hills YMCA sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Stephen C Rose Legacy Foundation ($8.3m), Chaparral Foundation ($8.4m) and Choices for Community Living Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $540k (6.6% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $10.0m against liabilities of $970k, net assets of $9.0m. It reported 465 employees.