Meadowlands Area Young Mens Christian Association

Analysis

Meadowlands Area Young Mens Christian Association is a registered charity in United States, based in E Rutherford, NJ. It received its IRS tax-exemption ruling in February 1974, 52 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, Meadowlands Area Young Mens Christian Association reported income of $8.8m and spending of $9.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $8.8m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meadowlands Area Young Mens Christian Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Western Indiana Community Action Agency Inc ($8.8m), Jewish Service for the Development- Ally Disabled of Metro West Inc ($8.8m) and Alosa Health Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $337k (3.6% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $19.3m against liabilities of $14.9m, net assets of $4.4m. It reported 382 employees.