Young Men & Womens Hebrew Assn & Irene Kaufmann Centers

Analysis

Young Men & Womens Hebrew Assn & Irene Kaufmann Centers is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1961, 65 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 August 2023, Young Men & Womens Hebrew Assn & Irene Kaufmann Centers reported income of $26.2m and spending of $22.6m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $22.1m to $26.2m (+19%), an average of +4.4% a year. The sharpest change came in the year to August 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Men & Womens Hebrew Assn & Irene Kaufmann Centers sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Boys and Girls Village Inc ($26.2m), Ariel Clinical Services ($26.3m) and El Centro de LA Raza ($26.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $910k (4.0% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $59.1m against liabilities of $7.3m, net assets of $51.8m. It reported 670 employees.