Frost Valley YMCA

Analysis

Frost Valley YMCA is a registered charity in United States, based in Claryville, NY. It received its IRS tax-exemption ruling in April 1959, 67 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Frost Valley YMCA reported income of $12.8m and spending of $12.4m, spending 96% of its income. Across the 6 years on record, from May 2019 to December 2023, income fell from $15.4m to $12.8m (-17%), an average of -3.6% a year. The sharpest change came in the year to May 2023, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frost Valley YMCA sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Support Solutions Inc ($12.8m), Reach Unlimited Inc ($12.8m) and Center for Food Action in New Jersey ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $34.6m against liabilities of $11.9m, net assets of $22.8m. It reported 681 employees.