New York State Ymca Foundation Inc

New York State YMCA Foundation shows strong financial health with zero officer compensation and significant revenue growth in 2023.

EIN: 131624195 · Albany, NY · NTEE: P270 · Updated: 2026-03-28

$3.2MRevenue
$2.9MAssets
92/100Mission Score (Excellent)
P270

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New York State Ymca Foundation Inc Financial Summary
MetricValue
Total Revenue$3.2M
Total Expenses$1.6M
Program Spending90%
Net Assets$2.8M
Transparency Score92/100

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New York State Ymca Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

New York State Ymca Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around New York State Ymca Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.2M and expenses of $1.6M.

Revenue and Expenses

New York State Ymca Foundation Inc reported $2.2M in revenue and $1.6M in expenses, a surplus of $562K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is New York State Ymca Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

New York State Ymca Foundation Inc Expense Deployment
Program services$1.5M (90%)

Across stored filings, New York State Ymca Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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New York State Ymca Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Human Services context

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New York State Ymca Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New York State Ymca Foundation Inc

New York State Ymca Foundation Inc (EIN: 131624195) is a nonprofit organization based in Albany, NY, classified under NTEE code P270. The organization reported total revenue of $3.2M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Ymca Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

90Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

New York State Ymca Foundation Inc is a mid-size nonprofit that has been operating for 90 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$1.6M
Surplus / Deficit+$562K
Total Assets$3.0M
Total Liabilities$194K
Net Assets$2.8M
Operating Margin25.9%
Debt-to-Asset Ratio6.5%
Months of Reserves22.2 months

Financial Health Grade: A

In 2023, New York State Ymca Foundation Inc reported a surplus of $562K with revenue exceeding expenses, holds 22.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New York State Ymca Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+395.7%+305.0%+42.2%
2022-9.5%+6.8%-9.7%
2021+54.1%-7.6%+10.4%
2020-74.0%-59.5%+2.9%
2019+46.2%+15.7%+23.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1936

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New York State YMCA Foundation Inc. demonstrates a generally healthy financial position, with its latest reported assets at $2,988,508 exceeding its liabilities of $194,025 in 2023. The organization has shown significant revenue fluctuations, with a notable increase to $2,174,356 in 2023 from $438,662 in 2022, indicating potential for growth or variability in funding sources. Its spending efficiency appears strong, as expenses in 2023 were $1,611,968 against revenues of $2,174,356, suggesting a surplus that can be reinvested into its mission or reserves. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven leadership model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York State Ymca Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, New York State Ymca Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$2.2MTotal Revenue
$1.6MTotal Expenses
$3.0MTotal Assets
$194KTotal Liabilities
$2.8MNet Assets
  • The organization reported a surplus of $562K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 6.5%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable and suggests a volunteer-led executive structure, maximizing funds available for programs.

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 New York State Ymca Foundation Inc's IRS 990 filings:

  • Significant year-over-year revenue volatility, which could indicate reliance on unpredictable funding sources.

Strengths

The following positive indicators were identified for New York State Ymca Foundation Inc:

  • Consistent 0% officer compensation, maximizing funds for programs.
  • Healthy asset-to-liability ratio, indicating financial stability.
  • Demonstrated ability to generate substantial revenue, as seen in the 2023 filing of $2,174,356.
  • Positive net assets growth over time, from $1,646,712 in 2015 to $2,988,508 in 2023.

Frequently Asked Questions about New York State Ymca Foundation Inc

Is New York State Ymca Foundation Inc a legitimate charity?

New York State Ymca Foundation Inc (EIN: 131624195) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does New York State Ymca Foundation Inc spend its money?

New York State Ymca Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to New York State Ymca Foundation Inc tax-deductible?

New York State Ymca Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131624195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New York State Ymca Foundation Inc's spending goes to programs?

New York State Ymca Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New York State Ymca Foundation Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), New York State Ymca Foundation Inc is above average for NTEE category P270 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New York State Ymca Foundation Inc located?

New York State Ymca Foundation Inc is headquartered in Albany, New York and files with the IRS under EIN 131624195. It is classified under NTEE code P270.

How many years of IRS 990 filings does New York State Ymca Foundation Inc have?

New York State Ymca Foundation Inc 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 $3.2M in total revenue.

Is New York State Ymca Foundation Inc. a good charity?

Based on the available data, the New York State YMCA Foundation Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to program spending. Its assets significantly outweigh liabilities, and it has demonstrated the ability to generate substantial revenue for its mission.

What caused the significant revenue increase in 2023?

The IRS 990 data shows a substantial increase in revenue from $438,662 in 2022 to $2,174,356 in 2023. While the specific cause isn't detailed in this summary, such a jump could be due to a major grant, a successful fundraising campaign, or a significant one-time donation.

How does the organization manage its expenses relative to its revenue?

The organization generally manages its expenses well. In 2023, expenses were $1,611,968 against revenues of $2,174,356, resulting in a surplus. There were a few periods (e.g., 2020, 2018, 2017, 2015) where expenses slightly exceeded revenue, but overall, the trend shows responsible financial management.

Filing History

IRS 990 filing history for New York State Ymca Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York State Ymca Foundation Inc's revenue has grown by 3104.9%, moving from $68K to $2.2M. Total assets increased by 79.7% over the same period, from $1.7M to $3.0M. Total functional expenses rose by 748.4%, from $190K to $1.6M. In its most recent filing year (2023), New York State Ymca Foundation Inc reported a surplus of $562K, with revenue exceeding expenses. The organization holds $194K in liabilities against $3.0M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $2.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $1.6M $3.0M $194K
2022 $439K $398K $2.1M $54K View 990
2021 $485K $373K $2.3M $5K View 990
2020 $315K $403K $2.1M $56K View 990
2019 $1.2M $997K $2.1M $6K View 990
2018 $826K $862K $1.7M $31K View 990
2017 $1.0M $1.1M $2.0M $183K View 990
2016 $338K $310K $1.8M $15K View 990
2015 $102K $150K $1.6M $6K View 990
2014 $142K $131K $1.8M $41K View 990
2013 $138K $145K $1.8M $18K View 990
2012 $247K $215K $1.7M $15K View 990
2011 $68K $190K $1.7M $10K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $1.6M, and assets of $3.0M (revenue +395.7% year-over-year).
  • 2022: Revenue of $439K, expenses of $398K, and assets of $2.1M (revenue -9.5% year-over-year).
  • 2021: Revenue of $485K, expenses of $373K, and assets of $2.3M (revenue +54.1% year-over-year).
  • 2020: Revenue of $315K, expenses of $403K, and assets of $2.1M (revenue -74.0% year-over-year).
  • 2019: Revenue of $1.2M, expenses of $997K, and assets of $2.1M (revenue +46.2% year-over-year).
  • 2018: Revenue of $826K, expenses of $862K, and assets of $1.7M (revenue -20.1% year-over-year).
  • 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $2.0M (revenue +205.6% year-over-year).
  • 2016: Revenue of $338K, expenses of $310K, and assets of $1.8M (revenue +233.2% year-over-year).
  • 2015: Revenue of $102K, expenses of $150K, and assets of $1.6M (revenue -28.3% year-over-year).
  • 2014: Revenue of $142K, expenses of $131K, and assets of $1.8M (revenue +3.0% year-over-year).
  • 2013: Revenue of $138K, expenses of $145K, and assets of $1.8M (revenue -44.3% year-over-year).
  • 2012: Revenue of $247K, expenses of $215K, and assets of $1.7M (revenue +264.0% year-over-year).
  • 2011: Revenue of $68K, expenses of $190K, and assets of $1.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York State Ymca Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New York State Ymca Foundation Inc 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.

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