The River Valley Regional Young Mens Christian Association

Analysis

The River Valley Regional Young Mens Christian Association is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in October 1924, 102 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The River Valley Regional Young Mens Christian Association reported income of $9.5m and spending of $9.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.5m to $9.5m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The River Valley Regional 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 94th percentile within PA. Charities of a similar size with the same main cause include Iit Madras Foundation ($9.5m), Independent Living Inc ($9.5m) and Jacob a Riis Neighborhood Settlement ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $256k (2.7% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $25.9m against liabilities of $6.9m, net assets of $19.0m. It reported 697 employees.