Is Saratoga Regional Young Mens Christian Association Legit?

Quick charity verification for Saratoga Regional Young Mens Christian Association (EIN: 141427442)

Verdict: Saratoga Regional Young Mens Christian Association appears trustworthy

85/100Mission Score
$22.2MRevenue
$57.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Saratoga Regional Young Mens Christian Association demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $19,108,581 in revenue for the 2023 fiscal year. The organization has also shown strong asset growth, reaching $48,165,385 in 2023, indicating good financial stewardship and capacity. Spending efficiency appears reasonable, with expenses typically lower than revenue, allowing for asset accumulation. For instance, in 2023, expenses were $16,079,227 against $19,108,581 in revenue. The consistent reporting of 0% for officer compensation across all available filings suggests either that executive compensation is not reported in this specific field or that it is exceptionally low, which could be a positive indicator of resource allocation to programs, though further detail would be beneficial for a complete assessment of transparency in this area. The organization's liabilities have remained manageable relative to its assets, with liabilities of $8,315,668 against assets of $48,165,385 in 2023.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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