New Jersey YMCA State Alliance Inc

Analysis

New Jersey YMCA State Alliance Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Jersey YMCA State Alliance Inc reported income of $3.6m and spending of $3.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.6m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Jersey YMCA State Alliance Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Dion S Chicago Dream Inc NFP ($3.6m), Illinois Presbyterian Home ($3.6m) and Lower East Side Family Union ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $390k (12% of expenses). Other salaries and wages came to $397k. At year end it held assets of $2.6m against liabilities of $145k, net assets of $2.4m. It reported 12 employees.