Raritan Bay Area Young Mens Christian Association
Raritan Bay Area YMCA Shows Strong Financial Growth and Program Focus
EIN: 221487390 · Perth Amboy, NJ · Updated: 2026-04-04
About Raritan Bay Area Young Mens Christian Association
Raritan Bay Area Young Mens Christian Association (EIN: 221487390) is a nonprofit organization based in Perth Amboy, NJ. The organization reported total revenue of $8.0M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raritan Bay Area Young Mens Christian Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Raritan Bay Area Young Mens Christian Association with a Mission Score of 85 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: 10%
- programs: 83%
- fundraising: 7%
According to IRS 990 filings, Raritan Bay Area Young Mens Christian Association allocates its expenses as follows: admin: 10%, programs: 83%, fundraising: 7%. With 83% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears to be well-managed, with no reported compensation from unrelated organizations, suggesting a focus on mission rather than excessive personal gain.
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.
Strengths
The following positive indicators were identified for Raritan Bay Area Young Mens Christian Association:
- Consistent revenue growth from $5.18M in 2016 to $8.27M in 2023 demonstrates increasing support and operational capacity.
- Healthy asset growth from $2.49M in 2016 to $7.87M in 2023, indicating strong financial management and investment in future programs.
- Low liability-to-asset ratio, with liabilities at $1.35M against assets of $7.87M in 2023, suggesting financial stability.
- Program expenses consistently represent a high percentage of total expenses, indicating a strong commitment to their mission.
Frequently Asked Questions about Raritan Bay Area Young Mens Christian Association
What does Raritan Bay Area Young Mens Christian Association do?
Raritan Bay Area Young Mens Christian Association is a nonprofit organization in the Unknown sector, located in Perth Amboy, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Raritan Bay Area Young Mens Christian Association have?
Raritan Bay Area Young Mens Christian Association reported total revenue of $8,018,326. Based on 13 IRS 990 filings on record.
What are Raritan Bay Area Young Mens Christian Association's total assets?
Raritan Bay Area Young Mens Christian Association holds total assets of $9,008,390 as reported in IRS 990 filings.
Where is Raritan Bay Area Young Mens Christian Association located?
Raritan Bay Area Young Mens Christian Association is based in Perth Amboy, New Jersey.
What is Raritan Bay Area Young Mens Christian Association's EIN?
Raritan Bay Area Young Mens Christian Association's Employer Identification Number (EIN) is 221487390. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Raritan Bay Area Young Mens Christian Association?
Raritan Bay Area Young Mens Christian Association is classified under NTEE code Unknown (Unknown).
Is Raritan Bay Area Young Mens Christian Association a registered 501(c)(3)?
Raritan Bay Area Young Mens Christian Association appears in IRS records (EIN: 221487390). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Raritan Bay Area Young Mens Christian Association file IRS Form 990?
Yes, Raritan Bay Area Young Mens Christian Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Raritan Bay Area Young Mens Christian Association's revenue in 2023?
In the 202312 filing period, Raritan Bay Area Young Mens Christian Association reported total revenue of $8,276,453, total expenses of $6,891,772, and net assets of $7,872,981.
Is Raritan Bay Area Young Mens Christian Association's revenue growing or declining?
Raritan Bay Area Young Mens Christian Association's revenue is growing. Revenue went from $6,451,574 (202212) to $8,276,453 (202312), a +28.3% change. Based on 13 filings on record.
What is Raritan Bay Area Young Mens Christian Association's most recent 990 filing?
The most recent IRS Form 990 filing for Raritan Bay Area Young Mens Christian Association covers tax period 202312. It shows revenue of $8,276,453, expenses of $6,891,772, total assets of $7,872,981, and liabilities of $1,352,561.
How much does Raritan Bay Area Young Mens Christian Association spend on programs vs administration?
Based on IRS 990 analysis, Raritan Bay Area Young Mens Christian Association allocates approximately 83% of expenses to program services, 10% to administrative costs, and 7% to fundraising. This indicates strong program focus.
Is Raritan Bay Area Young Mens Christian Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Raritan Bay Area Young Mens Christian Association appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Raritan Bay Area Young Mens Christian Association's strengths?
Positive indicators for Raritan Bay Area Young Mens Christian Association include: Consistent revenue growth from $5.18M in 2016 to $8.27M in 2023 demonstrates increasing support and operational capacity.. Healthy asset growth from $2.49M in 2016 to $7.87M in 2023, indicating strong financial management and investment in future programs.. Low liability-to-asset ratio, with liabilities at $1.35M against assets of $7.87M in 2023, suggesting financial stability.. Program expenses consistently represent a high percentage of total expenses, indicating a strong commitment to their mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Raritan Bay Area Young Mens Christian Association compensate executives?
Executive compensation appears to be well-managed, with no reported compensation from unrelated organizations, suggesting a focus on mission rather than excessive personal gain. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the YMCA managed to achieve such consistent and significant asset growth over the past seven years?
The YMCA has demonstrated remarkable asset growth, nearly tripling its assets from $2.49M in 2016 to $7.87M in 2023. This growth is likely attributable to a combination of increasing revenue, effective expense management, and potentially strategic investments or capital campaigns, allowing them to retain and build their financial base.
Filing History
IRS 990 filing history for Raritan Bay Area Young Mens Christian Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Raritan Bay Area Young Mens Christian Association's revenue has grown by 171.1%, moving from $3.1M to $8.3M. Total assets increased by 334.3% over the same period, from $1.8M to $7.9M. Total functional expenses rose by 139.1%, from $2.9M to $6.9M. In its most recent filing year (2023), Raritan Bay Area Young Mens Christian Association reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $7.9M in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $6.9M | $7.9M | $1.4M | — | — |
| 2022 | $6.5M | $5.9M | $6.7M | $1.5M | — | — |
| 2021 | $5.7M | $4.3M | $5.4M | $802K | — | View 990 |
| 2020 | $5.4M | $4.3M | $3.9M | $727K | — | — |
| 2019 | $5.4M | $5.4M | $2.8M | $680K | — | View 990 |
| 2018 | $5.4M | $5.3M | $2.8M | $681K | — | View 990 |
| 2017 | $5.2M | $5.1M | $2.3M | $417K | — | — |
| 2016 | $5.2M | $5.1M | $2.5M | $747K | — | View 990 |
| 2015 | $4.7M | $4.7M | $2.2M | $478K | — | View 990 |
| 2014 | $4.4M | $4.0M | $2.1M | $483K | — | View 990 |
| 2013 | $3.4M | $3.2M | $1.7M | $323K | — | View 990 |
| 2012 | $2.8M | $2.9M | $1.6M | $379K | — | View 990 |
| 2011 | $3.1M | $2.9M | $1.8M | $561K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $6.9M, and assets of $7.9M (revenue +28.3% year-over-year).
- 2022: Revenue of $6.5M, expenses of $5.9M, and assets of $6.7M (revenue +13.0% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.3M, and assets of $5.4M (revenue +5.9% year-over-year).
- 2020: Revenue of $5.4M, expenses of $4.3M, and assets of $3.9M (revenue -0.8% year-over-year).
- 2019: Revenue of $5.4M, expenses of $5.4M, and assets of $2.8M (revenue +0.7% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.3M, and assets of $2.8M (revenue +3.2% year-over-year).
- 2017: Revenue of $5.2M, expenses of $5.1M, and assets of $2.3M (revenue +1.0% year-over-year).
- 2016: Revenue of $5.2M, expenses of $5.1M, and assets of $2.5M (revenue +9.6% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.7M, and assets of $2.2M (revenue +8.7% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.0M, and assets of $2.1M (revenue +29.8% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.2M, and assets of $1.7M (revenue +18.0% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $1.6M (revenue -7.0% year-over-year).
- 2011: Revenue of $3.1M, expenses of $2.9M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Raritan Bay Area 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.