Young Mens Christian Association Of Rye N Y
Rye YMCA experiences significant revenue and asset growth, with no reported officer compensation, but liabilities have surged recently.
EIN: 131740515 · Rye, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.5M |
| Total Expenses | $12.1M |
| Program Spending | 90% |
| Net Assets | $15.1M |
| Transparency Score | 85/100 |
Is Young Mens Christian Association Of Rye N Y 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 Rye N Y directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Of Rye N Y
Young Mens Christian Association Of Rye N Y (EIN: 131740515) is a nonprofit organization based in Rye, NY. The organization reported total revenue of $14.5M and total assets of $23.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of Rye N Y's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Of Rye N Y is a large 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 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $12.1M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $22.5M |
| Total Liabilities | $7.5M |
| Net Assets | $15.1M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Young Mens Christian Association Of Rye N Y reported a surplus of $1.4M with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Mens Christian Association Of Rye N Y's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.3% | +27.3% | +14.3% |
| 2022 | -1.3% | -3.8% | +31.0% |
| 2021 | +74.2% | +50.0% | +0.8% |
| 2020 | -38.6% | -21.3% | -2.4% |
| 2019 | -1.2% | -0.8% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| 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 Of Rye N Y 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Young Mens Christian Association Of Rye N Y allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual and suggests either a volunteer-led executive team or that compensation is reported under different categories, requiring further investigation for full 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 Of Rye N Y's IRS 990 filings:
- Significant increase in liabilities from $386,503 in 2021 to $7,456,668 in 2023 without clear explanation in summary data.
- Consistent reporting of 0% officer compensation, which, while positive for program spending, is unusual for an organization with over $13 million in revenue and may warrant further scrutiny into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Young Mens Christian Association Of Rye N Y:
- Strong revenue growth from $5.38 million in 2020 to $13.53 million in 2023, indicating expanding operations and support.
- Consistent positive net income, with expenses generally lower than revenue, contributing to asset accumulation.
- Healthy asset growth from $14.9 million in 2020 to $22.5 million in 2023, demonstrating financial stability.
- No reported officer compensation, suggesting a high dedication of resources to the mission and potentially volunteer leadership.
Frequently Asked Questions about Young Mens Christian Association Of Rye N Y
Is Young Mens Christian Association Of Rye N Y a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Rye N Y (EIN: 131740515) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Young Mens Christian Association Of Rye N Y spend its money?
Young Mens Christian Association Of Rye N Y directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Association Of Rye N Y tax-deductible?
Young Mens Christian Association Of Rye N Y is registered as a tax-exempt nonprofit (EIN: 131740515). 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 Rye N Y's spending goes to programs?
Young Mens Christian Association Of Rye N Y directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Young Mens Christian Association Of Rye N Y located?
Young Mens Christian Association Of Rye N Y is headquartered in Rye, New York and files with the IRS under EIN 131740515.
How many years of IRS 990 filings does Young Mens Christian Association Of Rye N Y have?
Young Mens Christian Association Of Rye N Y 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 $14.5M in total revenue.
What caused the significant increase in liabilities from $386,503 in 2021 to $7,456,668 in 2023?
The IRS 990 filings show a sharp rise in liabilities, which could be due to new debt financing for capital projects, expansion, or other strategic investments. Further details would be in the organization's financial statements or notes to the 990.
How does the organization manage to report 0% officer compensation?
Reporting 0% officer compensation suggests that the top executives may be volunteers, or their compensation is categorized differently within the IRS 990, such as under general salaries, rather than specifically as officer compensation. This practice is uncommon for an organization of this size and revenue.
What is the primary source of the substantial revenue growth observed between 2020 and 2023?
Revenue increased from $5.38 million in 2020 to $13.53 million in 2023. This growth could stem from increased program fees, donations, grants, or other income streams, indicating successful fundraising or expanded service offerings.
Filing History
IRS 990 filing history for Young Mens Christian Association Of Rye N Y showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Of Rye N Y's revenue has grown by 70.3%, moving from $7.9M to $13.5M. Total assets increased by 98.4% over the same period, from $11.4M to $22.5M. Total functional expenses rose by 60.4%, from $7.6M to $12.1M. In its most recent filing year (2023), Young Mens Christian Association Of Rye N Y reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $7.5M in liabilities against $22.5M in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $12.1M | $22.5M | $7.5M | — | View 990 |
| 2022 | $9.3M | $9.5M | $19.7M | $6.8M | — | — |
| 2021 | $9.4M | $9.9M | $15.0M | $387K | — | View 990 |
| 2020 | $5.4M | $6.6M | $14.9M | $138K | — | — |
| 2019 | $8.8M | $8.4M | $15.3M | $159K | — | View 990 |
| 2018 | $8.9M | $8.5M | $14.2M | $184K | — | View 990 |
| 2017 | $8.6M | $8.4M | $14.0M | $140K | — | View 990 |
| 2016 | $8.5M | $8.2M | $13.4M | $153K | — | View 990 |
| 2015 | $8.3M | $8.1M | $12.9M | $100K | — | View 990 |
| 2014 | $8.7M | $8.1M | $12.9M | $105K | — | View 990 |
| 2013 | $9.0M | $8.0M | $12.2M | $101K | — | View 990 |
| 2012 | $8.0M | $7.6M | $11.3M | $443K | — | View 990 |
| 2011 | $7.9M | $7.6M | $11.4M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $12.1M, and assets of $22.5M (revenue +46.3% year-over-year).
- 2022: Revenue of $9.3M, expenses of $9.5M, and assets of $19.7M (revenue -1.3% year-over-year).
- 2021: Revenue of $9.4M, expenses of $9.9M, and assets of $15.0M (revenue +74.2% year-over-year).
- 2020: Revenue of $5.4M, expenses of $6.6M, and assets of $14.9M (revenue -38.6% year-over-year).
- 2019: Revenue of $8.8M, expenses of $8.4M, and assets of $15.3M (revenue -1.2% year-over-year).
- 2018: Revenue of $8.9M, expenses of $8.5M, and assets of $14.2M (revenue +3.4% year-over-year).
- 2017: Revenue of $8.6M, expenses of $8.4M, and assets of $14.0M (revenue +0.5% year-over-year).
- 2016: Revenue of $8.5M, expenses of $8.2M, and assets of $13.4M (revenue +3.6% year-over-year).
- 2015: Revenue of $8.3M, expenses of $8.1M, and assets of $12.9M (revenue -4.6% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.1M, and assets of $12.9M (revenue -3.5% year-over-year).
- 2013: Revenue of $9.0M, expenses of $8.0M, and assets of $12.2M (revenue +12.2% year-over-year).
- 2012: Revenue of $8.0M, expenses of $7.6M, and assets of $11.3M (revenue +0.6% year-over-year).
- 2011: Revenue of $7.9M, expenses of $7.6M, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Of Rye N Y:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Of Rye N Y 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.