Pocono Family YMCA

Analysis

Pocono Family YMCA is a registered charity in United States, based in Stroudsburg, PA. It received its IRS tax-exemption ruling in October 1944, 82 years ago. 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, Pocono Family YMCA reported income of $3.1m and spending of $2.0m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pocono Family YMCA sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Young Womens Christian Association of Houston ($3.1m), University of the Southwest Foundation ($3.1m) and The Grand View Health Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $94k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $572k, net assets of $2.7m. It reported 138 employees.