Young Mens Christian Association Inc
New Rochelle YMCA sees significant revenue growth in latest period after years of operating deficits.
EIN: 131740542 · New Rochelle, NY · Updated: 2026-03-28
Is Young Mens Christian Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Young Mens Christian Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Inc
Young Mens Christian Association Inc (EIN: 131740542) is a nonprofit organization based in New Rochelle, NY. The organization reported total revenue of $4.1M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Inc 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 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$453K |
| Total Assets | $2.8M |
| Total Liabilities | $1.1M |
| Net Assets | $1.7M |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 38.3% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Young Mens Christian Association Inc reported a surplus of $453K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 38.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Mens Christian Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.9% | +26.5% | +20.0% |
| 2022 | +11.6% | +14.2% | -11.4% |
| 2021 | +54.4% | +42.1% | -7.6% |
| 2020 | -16.6% | -11.4% | -2.7% |
| 2019 | +4.1% | +1.2% | -6.0% |
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 Young Mens Christian Association Inc 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, Young Mens Christian Association Inc 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 surplus of $453K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization of this size with revenues reaching nearly $4 million. This could imply a fully volunteer executive leadership or that compensation is categorized under other expense lines, which would impact transparency.
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 Young Mens Christian Association Inc's IRS 990 filings:
- Consistent operating deficits in multiple prior years (e.g., 202212, 202112, 202012), indicating potential reliance on reserves or other funding sources.
- 0% officer compensation reported across all filings, which is unusual and may warrant further investigation into how executive leadership is compensated or structured.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Young Mens Christian Association Inc:
- Significant revenue growth in the latest filing period (202312), showing improved financial performance.
- Positive net income in the latest period ($453,187), reversing a trend of operating deficits.
- Maintained substantial assets over time, providing a financial cushion.
- Consistent presence and filing history (13 filings), indicating ongoing operations and compliance.
Frequently Asked Questions about Young Mens Christian Association Inc
Is Young Mens Christian Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Association Inc (EIN: 131740542) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Young Mens Christian Association Inc spend its money?
Young Mens Christian Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Association Inc tax-deductible?
Young Mens Christian Association Inc is registered as a tax-exempt nonprofit (EIN: 131740542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Young Mens Christian Association Inc sustain operations during periods when expenses exceed revenue, as seen in 202212 and prior years?
The organization likely draws upon its asset reserves or receives significant non-operating income (e.g., grants, investments) not fully detailed in the provided revenue figures to cover operational deficits in years where expenses outpace reported revenue.
What is the actual breakdown of program, administrative, and fundraising expenses for the organization?
The provided IRS 990 data does not offer a detailed breakdown of these categories, making it difficult to assess spending efficiency accurately. Further investigation into the full 990 forms would be necessary.
Why is officer compensation consistently reported as 0% across all filings?
A consistent 0% officer compensation suggests either a volunteer-based executive leadership or that executive salaries are reported under other expense categories, which could obscure a complete picture of compensation practices.
What factors contributed to the significant revenue increase from $2,541,218 in 202212 to $3,986,110 in 202312?
The provided data does not specify the reasons for this substantial revenue growth, but it could be due to increased program participation, successful fundraising campaigns, or new grant acquisitions.
Filing History
IRS 990 filing history for Young Mens Christian Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Inc's revenue has grown by 136%, moving from $1.7M to $4.0M. Total assets increased by 7.8% over the same period, from $2.6M to $2.8M. Total functional expenses rose by 86.1%, from $1.9M to $3.5M. In its most recent filing year (2023), Young Mens Christian Association Inc reported a surplus of $453K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $2.8M in assets (debt-to-asset ratio: 38.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.5M | $2.8M | $1.1M | — | — |
| 2022 | $2.5M | $2.8M | $2.3M | $1.1M | — | View 990 |
| 2021 | $2.3M | $2.4M | $2.6M | $1.1M | — | View 990 |
| 2020 | $1.5M | $1.7M | $2.9M | $1.2M | — | — |
| 2019 | $1.8M | $1.9M | $2.9M | $1.0M | — | View 990 |
| 2018 | $1.7M | $1.9M | $3.1M | $1.1M | — | View 990 |
| 2017 | $1.7M | $2.0M | $3.3M | $1.0M | — | View 990 |
| 2016 | $2.5M | $1.9M | $3.7M | $995K | — | View 990 |
| 2015 | $1.9M | $1.5M | $3.4M | $1.4M | — | View 990 |
| 2014 | $1.7M | $1.7M | $2.5M | $979K | — | View 990 |
| 2013 | $1.7M | $1.8M | $2.3M | $695K | — | View 990 |
| 2012 | $1.7M | $1.8M | $2.5M | $778K | — | View 990 |
| 2011 | $1.7M | $1.9M | $2.6M | $854K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.5M, and assets of $2.8M (revenue +56.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.8M, and assets of $2.3M (revenue +11.6% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.4M, and assets of $2.6M (revenue +54.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.7M, and assets of $2.9M (revenue -16.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.9M, and assets of $2.9M (revenue +4.1% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.9M, and assets of $3.1M (revenue +1.5% year-over-year).
- 2017: Revenue of $1.7M, expenses of $2.0M, and assets of $3.3M (revenue -34.5% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.9M, and assets of $3.7M (revenue +31.2% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.5M, and assets of $3.4M (revenue +17.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $2.5M (revenue -1.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $2.3M (revenue -2.1% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $2.5M (revenue +1.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.9M, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Young Mens Christian Association 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.