Young Mens Christian Association Of Middletown Ny

Middletown YMCA shows strong revenue growth and asset accumulation, with no reported officer compensation.

EIN: 141340134 · Middletown, NY · NTEE: P27Z · Updated: 2026-03-28

$13.0MRevenue
$19.3MAssets
75/100Mission Score (Good)
P27Z

Is Young Mens Christian Association Of Middletown Ny 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 →

Young Mens Christian Association Of Middletown Ny directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Young Mens Christian Association Of Middletown Ny

Young Mens Christian Association Of Middletown Ny (EIN: 141340134) is a nonprofit organization based in Middletown, NY, classified under NTEE code P27Z. The organization reported total revenue of $13.0M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of Middletown Ny's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Young Mens Christian Association Of Middletown Ny demonstrates a generally healthy financial trajectory, with recent filings showing strong revenue growth and positive net income. In 2023, the organization reported revenues of $12,760,691 against expenses of $10,364,166, indicating a surplus that contributes to asset growth. Over the past few years, particularly since a dip in 2020, revenue has rebounded significantly, nearly tripling from $4,683,715 in 2020 to $12,760,691 in 2023. This growth suggests effective fundraising and program delivery. The organization's asset base has also shown consistent growth, reaching $18,860,145 in 2023, up from $16,147,193 in 2020. Liabilities have fluctuated but appear manageable relative to assets. A notable aspect of their financial management is the consistent reporting of 0% officer compensation across all available filings, which is highly unusual for an organization of this size and could indicate that executive compensation is reported under other expense categories or that leadership is entirely volunteer-based, warranting further investigation for full transparency. This lack of reported officer compensation, while potentially positive, also creates a transparency gap regarding how leadership is compensated. Spending efficiency appears reasonable, with expenses generally staying well below revenue, allowing for reinvestment and asset accumulation. The significant increase in revenue and assets over the last decade, from $6,847,186 in revenue and $8,706,839 in assets in 2014 to current levels, points to sustained operational growth and financial stability. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The absence of reported officer compensation is a significant data point that impacts the assessment of transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Young Mens Christian Association Of Middletown Ny 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

According to IRS 990 filings, Young Mens Christian Association Of Middletown Ny 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for a nonprofit with over $12 million in annual revenue and nearly $19 million in assets. This could indicate that executive compensation is either not reported under this specific line item, is exceptionally low, or that leadership is entirely volunteer, which would be a significant strength in terms of resource allocation.

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 Middletown Ny's IRS 990 filings:

Strengths

The following positive indicators were identified for Young Mens Christian Association Of Middletown Ny:

Frequently Asked Questions about Young Mens Christian Association Of Middletown Ny

Is Young Mens Christian Association Of Middletown Ny a legitimate charity?

Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Middletown Ny (EIN: 141340134) some concerns. Mission Score: 75/100. 1 red flag identified, 5 strengths noted.

How does Young Mens Christian Association Of Middletown Ny spend its money?

Young Mens Christian Association Of Middletown Ny 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 Middletown Ny tax-deductible?

Young Mens Christian Association Of Middletown Ny is registered as a tax-exempt nonprofit (EIN: 141340134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How is executive leadership compensated if 'Officer Comp' is consistently reported as 0%?

The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization of this size. It suggests that executive compensation might be categorized under other expense lines (e.g., salaries and wages for non-officer staff, or professional fees) or that the organization operates with an entirely volunteer executive leadership, which would be a significant and rare characteristic.

What is the detailed breakdown of program, administrative, and fundraising expenses?

Without a detailed functional expense statement from the IRS 990, it's challenging to provide exact percentages. However, based on the overall financial health and positive net income, it's reasonable to infer a healthy allocation towards programs, estimated at around 80%, with administrative and fundraising costs making up the remainder.

What caused the significant revenue dip in 2020 and the subsequent strong recovery?

The revenue dip in 2020 from $9,166,424 in 2019 to $4,683,715 was likely due to the COVID-19 pandemic, which severely impacted many community-based organizations like YMCAs. The strong recovery to $12,760,691 by 2023 demonstrates resilience, effective adaptation, and renewed community engagement or funding.

Are the liabilities of $4,253,530 in 2023 manageable given the organization's assets?

Yes, the liabilities of $4,253,530 in 2023 appear manageable when compared to the organization's total assets of $18,860,145. This results in a healthy asset-to-liability ratio, indicating good financial solvency.

Filing History

IRS 990 filing history for Young Mens Christian Association Of Middletown Ny showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Of Middletown Ny's revenue has grown by 132.7%, moving from $5.5M to $12.8M. Total assets increased by 152.9% over the same period, from $7.5M to $18.9M. Total functional expenses rose by 86.8%, from $5.5M to $10.4M. In its most recent filing year (2023), Young Mens Christian Association Of Middletown Ny reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $18.9M in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $14.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $12.8M $10.4M $18.9M $4.3M View 990
2022 $9.6M $8.6M $18.3M $6.2M View 990
2021 $7.9M $6.7M $18.8M $7.3M View 990
2020 $4.7M $5.8M $16.1M $6.1M View 990
2019 $9.2M $8.6M $16.9M $5.7M View 990
2018 $9.0M $8.2M $16.5M $5.9M View 990
2017 $9.0M $8.1M $16.2M $6.3M
2016 $8.1M $7.5M $12.1M $3.3M View 990
2015 $8.3M $6.6M $10.4M $2.5M View 990
2014 $6.8M $6.1M $8.7M $2.4M View 990
2013 $5.9M $5.8M $8.2M $2.7M View 990
2012 $5.6M $5.4M $7.8M $2.5M View 990
2011 $5.5M $5.5M $7.5M $2.4M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Young Mens Christian Association Of Middletown Ny 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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