Hamilton Young Mens Christian Association
Hamilton YMCA faces consistent deficit spending and declining assets over the past decade.
EIN: 210702879 · Hamilton, NJ · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $7.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $3.6M |
| Transparency Score | 65/100 |
Is Hamilton Young Mens Christian Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hamilton Young Mens Christian Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hamilton Young Mens Christian Association
Hamilton Young Mens Christian Association (EIN: 210702879) is a nonprofit organization based in Hamilton, NJ, classified under NTEE code P27Z. The organization reported total revenue of $6.3M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamilton Young Mens Christian Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hamilton Young Mens Christian Association is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-458,850 |
| Total Assets | $8.8M |
| Total Liabilities | $5.2M |
| Net Assets | $3.6M |
| Operating Margin | -6.9% |
| Debt-to-Asset Ratio | 58.9% |
| Months of Reserves | 14.8 months |
Financial Health Grade: C
In 2023, Hamilton Young Mens Christian Association reported a deficit of $459K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 58.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hamilton Young Mens Christian Association's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +26.1% | -2.9% |
| 2022 | +57.5% | +37.1% | -5.1% |
| 2021 | +25.5% | -4.6% | +3.2% |
| 2020 | -40.7% | -32.7% | -6.1% |
| 2019 | +0.1% | -1.2% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hamilton Young Mens Christian Association with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hamilton Young Mens Christian Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $459K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.9%.
Executive Compensation Analysis
The Hamilton Young Mens Christian Association consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $6 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the IRS 990, requiring further investigation for clarity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hamilton Young Mens Christian Association's IRS 990 filings:
- Consistent deficit spending in multiple years (e.g., 2023, 2019, 2018, 2017, 2016, 2015, 2014) where expenses exceeded revenue.
- Declining asset base over the past decade, from $13.1 million in 2014 to $8.78 million in 2023.
- High and fluctuating liabilities relative to assets, indicating potential financial strain or significant debt.
- Unusual reporting of 0% officer compensation for an organization with over $6 million in annual revenue, which may obscure executive remuneration practices.
Strengths
The following positive indicators were identified for Hamilton Young Mens Christian Association:
- Consistent revenue generation, generally around $6 million annually, demonstrating a stable operational scale.
- Resilience shown in recovering revenue post-pandemic dip (from $3.68 million in 2020 to $6.65 million in 2023).
- No reported officer compensation, which, if accurate, indicates a highly cost-efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Hamilton Young Mens Christian Association
Is Hamilton Young Mens Christian Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hamilton Young Mens Christian Association (EIN: 210702879) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Hamilton Young Mens Christian Association spend its money?
Hamilton Young Mens Christian Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hamilton Young Mens Christian Association tax-deductible?
Hamilton Young Mens Christian Association is registered as a tax-exempt nonprofit (EIN: 210702879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hamilton Young Mens Christian Association CEO make?
Hamilton Young Mens Christian Association's highest-compensated officer earns $6 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hamilton Young Mens Christian Association's spending goes to programs?
Hamilton Young Mens Christian Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hamilton Young Mens Christian Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hamilton Young Mens Christian Association is above average for NTEE category P27Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hamilton Young Mens Christian Association located?
Hamilton Young Mens Christian Association is headquartered in Hamilton, New Jersey and files with the IRS under EIN 210702879. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Hamilton Young Mens Christian Association have?
Hamilton Young Mens Christian Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.3M in total revenue.
Why has the organization consistently reported 0% officer compensation?
The consistent reporting of 0% officer compensation on the IRS 990 filings for an organization of this size is highly unusual and warrants further inquiry to understand how executive leadership is compensated, if at all, or if compensation is reported under different categories.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown of expenses, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission. The provided data only shows total revenue and expenses.
What is the strategy to address the trend of declining assets and frequent deficit spending?
The organization's assets have decreased from over $13 million in 2014 to $8.78 million in 2023, and expenses have frequently exceeded revenue. Understanding the financial strategy to reverse these trends is crucial for long-term sustainability.
What is the nature of the significant liabilities, which have ranged from $5.17 million to $9.52 million?
The substantial and fluctuating liabilities suggest potential debt obligations or restricted funds. Understanding the nature and management of these liabilities is important for assessing financial risk.
Filing History
IRS 990 filing history for Hamilton Young Mens Christian Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hamilton Young Mens Christian Association's revenue has grown by 12.5%, moving from $5.9M to $6.7M. Total assets decreased by 38.2% over the same period, from $14.2M to $8.8M. Total functional expenses rose by 14.1%, from $6.2M to $7.1M. In its most recent filing year (2023), Hamilton Young Mens Christian Association reported a deficit of $459K, with expenses exceeding revenue. The organization holds $5.2M in liabilities against $8.8M in assets (debt-to-asset ratio: 58.9%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $7.1M | $8.8M | $5.2M | — | — |
| 2022 | $7.3M | $5.6M | $9.0M | $5.3M | — | — |
| 2021 | $4.6M | $4.1M | $9.5M | $7.7M | — | View 990 |
| 2020 | $3.7M | $4.3M | $9.2M | $8.0M | — | View 990 |
| 2019 | $6.2M | $6.4M | $9.8M | $7.9M | — | View 990 |
| 2018 | $6.2M | $6.5M | $10.4M | $8.3M | — | View 990 |
| 2017 | $6.2M | $6.4M | $11.0M | $8.6M | — | View 990 |
| 2016 | $6.3M | $6.6M | $11.6M | $9.0M | — | View 990 |
| 2015 | $6.2M | $6.8M | $12.1M | $9.1M | — | View 990 |
| 2014 | $6.3M | $6.5M | $13.1M | $9.5M | — | View 990 |
| 2013 | $6.4M | $6.5M | $13.5M | $9.7M | — | View 990 |
| 2012 | $6.2M | $6.3M | $13.9M | $9.8M | — | View 990 |
| 2011 | $5.9M | $6.2M | $14.2M | $10.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $7.1M, and assets of $8.8M (revenue -8.7% year-over-year).
- 2022: Revenue of $7.3M, expenses of $5.6M, and assets of $9.0M (revenue +57.5% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.1M, and assets of $9.5M (revenue +25.5% year-over-year).
- 2020: Revenue of $3.7M, expenses of $4.3M, and assets of $9.2M (revenue -40.7% year-over-year).
- 2019: Revenue of $6.2M, expenses of $6.4M, and assets of $9.8M (revenue +0.1% year-over-year).
- 2018: Revenue of $6.2M, expenses of $6.5M, and assets of $10.4M (revenue +0.1% year-over-year).
- 2017: Revenue of $6.2M, expenses of $6.4M, and assets of $11.0M (revenue -1.3% year-over-year).
- 2016: Revenue of $6.3M, expenses of $6.6M, and assets of $11.6M (revenue +1.4% year-over-year).
- 2015: Revenue of $6.2M, expenses of $6.8M, and assets of $12.1M (revenue -1.0% year-over-year).
- 2014: Revenue of $6.3M, expenses of $6.5M, and assets of $13.1M (revenue -1.7% year-over-year).
- 2013: Revenue of $6.4M, expenses of $6.5M, and assets of $13.5M (revenue +2.6% year-over-year).
- 2012: Revenue of $6.2M, expenses of $6.3M, and assets of $13.9M (revenue +4.9% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.2M, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hamilton Young Mens Christian Association:
Data Sources and Methodology
This transparency report for Hamilton Young Mens Christian Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.