Is The Young Womens Christian Assoc Of Yonkers Legit?

Quick charity verification for The Young Womens Christian Assoc Of Yonkers (EIN: 131740521)

Verdict: The Young Womens Christian Assoc Of Yonkers appears trustworthy

85/100Mission Score
$7.1MRevenue
$5.1MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Young Womens Christian Assoc Of Yonkers demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a healthy financial trajectory. From 2014 to 2023, revenue increased from $1,639,051 to $6,300,301, and assets grew from $2,199,782 to $6,005,611. The organization consistently operates with a surplus, as seen in the 2023 fiscal period where revenue of $6,300,301 exceeded expenses of $6,089,341, resulting in a net positive of over $210,000. This financial stability suggests effective management of resources. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income across most years (e.g., $210,960 in 2023, $236,396 in 2022) indicates that the organization is generally managing its expenses within its revenue. The absence of reported officer compensation across all provided filings is a notable aspect of its financial transparency, suggesting that top leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which can be a positive indicator of resource allocation towards mission. Overall, the organization appears to be financially sound and growing. Its ability to consistently generate surpluses and increase its asset base points to a well-managed operation. The lack of reported officer compensation in the provided data, while potentially indicating strong volunteer leadership, would warrant further investigation into the full IRS 990 forms for a complete understanding of executive remuneration and overall spending efficiency.

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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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