Tri County Young Mens Christian Association Of New York
Tri County YMCA faces consistent operating deficits despite substantial assets and no reported officer compensation.
EIN: 160743237 · Hornell, NY · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $2.6M |
| Program Spending | 75% |
| Net Assets | $6.3M |
| Transparency Score | 70/100 |
Is Tri County Young Mens Christian Association Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri County Young Mens Christian Association Of New York directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri County Young Mens Christian Association Of New York
Tri County Young Mens Christian Association Of New York (EIN: 160743237) is a nonprofit organization based in Hornell, NY, classified under NTEE code P27Z. The organization reported total revenue of $5.1M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri County Young Mens Christian Association Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri County Young Mens Christian Association Of New York is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-447,969 |
| Total Assets | $6.9M |
| Total Liabilities | $646K |
| Net Assets | $6.3M |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 32.2 months |
Financial Health Grade: B
In 2023, Tri County Young Mens Christian Association Of New York reported a deficit of $448K with expenses exceeding revenue, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tri County Young Mens Christian Association Of New York's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.6% | +28.3% | -4.1% |
| 2022 | -28.6% | +19.8% | -2.3% |
| 2021 | +100.4% | +14.7% | +6.0% |
| 2020 | -28.4% | -9.9% | -1.7% |
| 2019 | -51.2% | +3.9% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Tri County Young Mens Christian Association Of New York with a Mission Score of 70 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, Tri County Young Mens Christian Association Of New York 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 $448K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that top executives are either uncompensated volunteers or their compensation is categorized differently, which is a strong positive for donor trust and resource allocation to mission.
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 Tri County Young Mens Christian Association Of New York's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $447,969 in 2023, $449,344 in 2022) indicate spending more than earned.
- Significant fluctuations in revenue and expenses without clear explanation in summary data (e.g., 2017 expenses of $6M vs. $1.4M revenue).
Strengths
The following positive indicators were identified for Tri County Young Mens Christian Association Of New York:
- Zero reported officer compensation across all filings, indicating strong commitment to directing funds to mission.
- Maintains a substantial asset base (over $7 million in 2022 and 2021), providing financial stability.
- Long filing history (13 filings) suggests consistent compliance and operational presence.
Frequently Asked Questions about Tri County Young Mens Christian Association Of New York
Is Tri County Young Mens Christian Association Of New York a legitimate charity?
Tri County Young Mens Christian Association Of New York (EIN: 160743237) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Tri County Young Mens Christian Association Of New York spend its money?
Tri County Young Mens Christian Association Of New York directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tri County Young Mens Christian Association Of New York tax-deductible?
Tri County Young Mens Christian Association Of New York is registered as a tax-exempt nonprofit (EIN: 160743237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tri County Young Mens Christian Association Of New York's spending goes to programs?
Tri County Young Mens Christian Association Of New York directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tri County Young Mens Christian Association Of New York compare to similar nonprofits?
With a transparency score of 70/100 (Good), Tri County Young Mens Christian Association Of New York 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 Tri County Young Mens Christian Association Of New York located?
Tri County Young Mens Christian Association Of New York is headquartered in Hornell, New York and files with the IRS under EIN 160743237. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Tri County Young Mens Christian Association Of New York have?
Tri County Young Mens Christian Association Of New York 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 $5.1M in total revenue.
How does the Tri County YMCA cover its consistent operating deficits, such as the $447,969 deficit in 2023 and $449,344 in 2022?
The organization likely covers these deficits by drawing from its substantial asset base, which has averaged over $6.9 million in the last five years, or through other unrestricted funds. This strategy, while sustainable in the short term, warrants closer examination for long-term financial health.
What caused the significant expense spike to $6,002,723 in 2017, given that revenue was only $1,435,472 that year?
The provided data does not specify the cause. Such a large discrepancy could indicate a major capital project, a significant one-time investment, or an unusual operational event. Further investigation into the detailed 990 filing for that period would be necessary to understand this anomaly.
What is the organization's strategy for increasing revenue to match or exceed expenses, especially given the recent trend of deficits?
The provided data does not detail specific strategies. However, given the consistent deficits, the organization would ideally be focusing on enhanced fundraising efforts, diversifying revenue streams, or optimizing operational costs to achieve financial equilibrium.
Filing History
IRS 990 filing history for Tri County Young Mens Christian Association Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tri County Young Mens Christian Association Of New York's revenue has grown by 51.4%, moving from $1.4M to $2.1M. Total assets increased by 5.1% over the same period, from $6.6M to $6.9M. Total functional expenses rose by 154.3%, from $1.0M to $2.6M. In its most recent filing year (2023), Tri County Young Mens Christian Association Of New York reported a deficit of $448K, with expenses exceeding revenue. The organization holds $646K in liabilities against $6.9M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.6M | $6.9M | $646K | — | — |
| 2022 | $1.6M | $2.0M | $7.2M | $600K | — | — |
| 2021 | $2.2M | $1.7M | $7.4M | $125K | — | View 990 |
| 2020 | $1.1M | $1.5M | $7.0M | $268K | — | — |
| 2019 | $1.5M | $1.6M | $7.1M | $92K | — | View 990 |
| 2018 | $3.1M | $1.6M | $7.1M | $84K | — | View 990 |
| 2017 | $1.4M | $6.0M | $6.4M | $883K | — | View 990 |
| 2016 | $1.4M | $1.3M | $6.8M | $2.5M | — | View 990 |
| 2015 | $1.3M | $1.2M | $6.8M | $2.4M | — | View 990 |
| 2014 | $1.4M | $1.2M | $6.8M | $2.2M | — | View 990 |
| 2013 | $1.2M | $988K | $6.8M | $2.1M | — | View 990 |
| 2012 | $1.3M | $925K | $6.6M | $1.9M | — | View 990 |
| 2011 | $1.4M | $1.0M | $6.6M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.6M, and assets of $6.9M (revenue +36.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.0M, and assets of $7.2M (revenue -28.6% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.7M, and assets of $7.4M (revenue +100.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.5M, and assets of $7.0M (revenue -28.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $7.1M (revenue -51.2% year-over-year).
- 2018: Revenue of $3.1M, expenses of $1.6M, and assets of $7.1M (revenue +117.8% year-over-year).
- 2017: Revenue of $1.4M, expenses of $6.0M, and assets of $6.4M (revenue +3.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $6.8M (revenue +8.7% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $6.8M (revenue -5.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $6.8M (revenue +11.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $988K, and assets of $6.8M (revenue -10.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $925K, and assets of $6.6M (revenue -4.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.0M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri County Young Mens Christian Association Of New York:
Data Sources and Methodology
This transparency report for Tri County Young Mens Christian Association Of New York 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.