Wayne County YMCA

Analysis

Wayne County YMCA is a registered charity in United States, based in Honesdale, PA. It received its IRS tax-exemption ruling in June 1988, 38 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, Wayne County YMCA reported income of $541k and spending of $587k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $541k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayne County YMCA sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include National Adult Day Services Association Foundation ($541k), Claw Corp ($541k) and Kalamazoo Valley Gleaners Inc ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $276k. At year end it held assets of $635k against liabilities of $27k, net assets of $608k. It reported 40 employees.