YMCA of Greater Scranton

Analysis

YMCA of Greater Scranton is a registered charity in United States, based in Dunmore, PA. It received its IRS tax-exemption ruling in October 1942, 84 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 June 2023, YMCA of Greater Scranton reported income of $4.4m and spending of $4.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Greater Scranton sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Franklin County Children & Family Community Resource Board Associati ($4.4m), Marici ($4.4m) and Heart of the City ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $133k (3.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.5m against liabilities of $2.8m, net assets of $5.7m. It reported 166 employees.