Greater Philadelphia Young Mens Christian Association

Analysis

Greater Philadelphia Young Mens Christian Association is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in April 1934, 92 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, Greater Philadelphia Young Mens Christian Association reported income of $94.9m and spending of $98.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $101.1m to $94.9m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Philadelphia Young Mens Christian Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Motion Picture and Television Fund ($94.6m), The Task Force for Global Health Inc ($95.1m) and Gleaners Community Food Bank of Southeastern Michigan ($94.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.5m (1.5% of expenses). Other salaries and wages came to $47.4m. At year end it held assets of $199.4m against liabilities of $72.2m, net assets of $127.2m. It reported 5,152 employees.