Valley Points Family YMCA

Analysis

Valley Points Family YMCA is a registered charity in United States, based in New Kensingtn, PA. It received its IRS tax-exemption ruling in November 1972, 54 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, Valley Points Family YMCA reported income of $2.2m and spending of $2.4m, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.0m to $2.2m (+9.4%), an average of +1.8% a year. The sharpest change came in the year to December 2019, when income rose by 34%. 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, Valley Points Family YMCA sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include New York State YMCA Foundation Inc ($2.2m), Committee on Church Cooperation ($2.2m) and Green Oaks Center ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $90k (3.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $526k, net assets of $1.9m. It reported 176 employees.