YMCA Alliance of Northern New England

Analysis

YMCA Alliance of Northern New England is a registered charity in United States, based in Boothbay HBR, ME. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, YMCA Alliance of Northern New England reported income of $870k and spending of $861k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.3m to $870k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, YMCA Alliance of Northern New England 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 78th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include Teaching Preschool Partners ($869k), Concrete Safaris Inc ($870k) and Paia Youth Council Inc ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $142k (17% of expenses). Other salaries and wages came to $159k. At year end it held assets of $541k against liabilities of $11k, net assets of $530k. It reported 3 employees.