Young Mens Christian Association Of Greater New York
YMCA of Greater New York shows consistent asset growth but recent operating deficits.
EIN: 131624228 · New York, NY · NTEE: P270 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $408.6M |
| Total Expenses | $201.7M |
| Program Spending | 80% |
| Net Assets | $295.3M |
| Transparency Score | 75/100 |
Is Young Mens Christian Association Of Greater New York 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 Of Greater New York directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Of Greater New York
Young Mens Christian Association Of Greater New York (EIN: 131624228) is a nonprofit organization based in New York, NY, classified under NTEE code P270. The organization reported total revenue of $408.6M and total assets of $523.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of Greater New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Of Greater New York is a major nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196.1M |
| Total Expenses | $201.7M |
| Surplus / Deficit | $-5,656,751 |
| Total Assets | $501.5M |
| Total Liabilities | $206.2M |
| Net Assets | $295.3M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 41.1% |
| Months of Reserves | 29.8 months |
Financial Health Grade: B
In 2023, Young Mens Christian Association Of Greater New York reported a deficit of $5.7M with expenses exceeding revenue, holds 29.8 months of operating reserves (strong position), has a debt-to-asset ratio of 41.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Mens Christian Association Of Greater New York's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.5% | +18.5% | +2.2% |
| 2022 | -3.5% | +30.0% | -2.6% |
| 2021 | +34.5% | +0.5% | +7.9% |
| 2020 | -37.8% | -36.3% | +3.8% |
| 2019 | -2.3% | +4.8% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1959 |
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 Of Greater New York with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Young Mens Christian Association Of Greater New York allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $5.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.1%.
Executive Compensation Analysis
The provided data consistently shows 0% for Officer Compensation, which, if accurate, suggests a highly efficient use of funds for executive salaries relative to the organization's substantial size and revenue, or that executive compensation is reported under different categories not captured by this specific metric.
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 Of Greater New York's IRS 990 filings:
- Expenses exceeding revenue in recent periods (202312 and 202212), indicating potential operational deficits.
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Young Mens Christian Association Of Greater New York:
- Strong and growing asset base, increasing from $345.9M in 2014 to $501.4M in 2023.
- Significant revenue generation, with latest reported revenue at $196M (202312).
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about Young Mens Christian Association Of Greater New York
Is Young Mens Christian Association Of Greater New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Greater New York (EIN: 131624228) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Young Mens Christian Association Of Greater New York spend its money?
Young Mens Christian Association Of Greater New York directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Association Of Greater New York tax-deductible?
Young Mens Christian Association Of Greater New York is registered as a tax-exempt nonprofit (EIN: 131624228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Young Mens Christian Association Of Greater New York's spending goes to programs?
Young Mens Christian Association Of Greater New York directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Young Mens Christian Association Of Greater New York compare to similar nonprofits?
With a transparency score of 75/100 (Good), Young Mens Christian Association Of Greater New York 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 Young Mens Christian Association Of Greater New York located?
Young Mens Christian Association Of Greater New York is headquartered in New York, New York and files with the IRS under EIN 131624228. It is classified under NTEE code P270.
How many years of IRS 990 filings does Young Mens Christian Association Of Greater New York have?
Young Mens Christian Association Of Greater 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 $408.6M in total revenue.
Is the YMCA of Greater New York experiencing a sustainable financial model given recent expense trends?
The organization has shown expenses exceeding revenue in the last two reported periods (202312 and 202212), which could indicate a need to review operational costs or enhance revenue streams to maintain long-term financial sustainability.
How does the organization fund its operations when expenses exceed revenue?
When expenses exceed revenue, the organization likely draws upon its accumulated assets or reserves to cover the deficit, as evidenced by its substantial asset base of over $500 million in 2023.
What is the actual executive compensation for the YMCA of Greater New York?
The provided data consistently reports 0% for Officer Compensation. To understand the full picture of executive compensation, one would need to examine the detailed IRS Form 990 filings for specific compensation figures, as this summary metric might not capture all forms of remuneration.
Filing History
IRS 990 filing history for Young Mens Christian Association Of Greater New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Of Greater New York's revenue has grown by 27.6%, moving from $153.7M to $196.1M. Total assets increased by 77.2% over the same period, from $283.0M to $501.5M. Total functional expenses rose by 32.6%, from $152.2M to $201.7M. In its most recent filing year (2023), Young Mens Christian Association Of Greater New York reported a deficit of $5.7M, with expenses exceeding revenue. The organization holds $206.2M in liabilities against $501.5M in assets (debt-to-asset ratio: 41.1%), resulting in net assets of $295.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196.1M | $201.7M | $501.5M | $206.2M | — | — |
| 2022 | $164.1M | $170.3M | $490.7M | $197.9M | — | — |
| 2021 | $170.0M | $131.0M | $503.7M | $199.4M | — | View 990 |
| 2020 | $126.4M | $130.4M | $467.0M | $201.3M | — | — |
| 2019 | $203.1M | $204.6M | $449.8M | $185.3M | — | View 990 |
| 2018 | $207.9M | $195.2M | $444.6M | $190.5M | — | View 990 |
| 2017 | $214.2M | $190.8M | $397.0M | $147.0M | — | View 990 |
| 2016 | $184.1M | $187.4M | $346.6M | $127.6M | — | View 990 |
| 2015 | $187.7M | $183.2M | $347.6M | $128.2M | — | View 990 |
| 2014 | $196.7M | $176.0M | $345.9M | $122.1M | — | View 990 |
| 2013 | $166.7M | $159.4M | $312.4M | $125.1M | — | View 990 |
| 2012 | $158.0M | $151.2M | $313.8M | $137.7M | — | View 990 |
| 2011 | $153.7M | $152.2M | $283.0M | $115.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196.1M, expenses of $201.7M, and assets of $501.5M (revenue +19.5% year-over-year).
- 2022: Revenue of $164.1M, expenses of $170.3M, and assets of $490.7M (revenue -3.5% year-over-year).
- 2021: Revenue of $170.0M, expenses of $131.0M, and assets of $503.7M (revenue +34.5% year-over-year).
- 2020: Revenue of $126.4M, expenses of $130.4M, and assets of $467.0M (revenue -37.8% year-over-year).
- 2019: Revenue of $203.1M, expenses of $204.6M, and assets of $449.8M (revenue -2.3% year-over-year).
- 2018: Revenue of $207.9M, expenses of $195.2M, and assets of $444.6M (revenue -2.9% year-over-year).
- 2017: Revenue of $214.2M, expenses of $190.8M, and assets of $397.0M (revenue +16.3% year-over-year).
- 2016: Revenue of $184.1M, expenses of $187.4M, and assets of $346.6M (revenue -1.9% year-over-year).
- 2015: Revenue of $187.7M, expenses of $183.2M, and assets of $347.6M (revenue -4.6% year-over-year).
- 2014: Revenue of $196.7M, expenses of $176.0M, and assets of $345.9M (revenue +18.0% year-over-year).
- 2013: Revenue of $166.7M, expenses of $159.4M, and assets of $312.4M (revenue +5.5% year-over-year).
- 2012: Revenue of $158.0M, expenses of $151.2M, and assets of $313.8M (revenue +2.8% year-over-year).
- 2011: Revenue of $153.7M, expenses of $152.2M, and assets of $283.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Of Greater New York:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Of Greater 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.