Old Colony YMCA Wellness Services Inc

Analysis

Old Colony YMCA Wellness Services Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in April 2020, 6 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 June 2024, Old Colony YMCA Wellness Services Inc reported income of $397k and spending of $377k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $217k to $397k (+83%), an average of +83% a year. The sharpest change came in the year to June 2024, when income rose by 83%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Colony YMCA Wellness Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Community Restoration Coalition ($397k), Ohio County Family Resource Network Inc ($397k) and Boundless Expectations Inc ($397k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Other salaries and wages came to $172k. At year end it held assets of $143k against liabilities of $17k, net assets of $126k.