Mon Valley YMCA

Analysis

Mon Valley YMCA is a registered charity in United States, based in Monongahela, PA. It received its IRS tax-exemption ruling in December 1971, 55 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, Mon Valley YMCA reported income of $3.1m and spending of $2.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mon Valley YMCA sits at the 89th percentile: it is larger than about 89% 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 Chi St Joseph Childrens Health ($3.1m), Nicol Home Inc ($3.1m) and Eleemosynary St John Episcopal School of Abilene Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $101k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.9m against liabilities of $9,061, net assets of $5.9m. It reported 125 employees.