Young Mens Christian Association Of The Capital District
YMCA of the Capital District reports a $5.9 million deficit in its latest fiscal period.
EIN: 141726531 · Albany, NY · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50.3M |
| Total Expenses | $35.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $29 |
| Net Assets | $27.2M |
| Transparency Score | 70/100 |
Is Young Mens Christian Association Of The Capital District 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 The Capital District directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Of The Capital District
Young Mens Christian Association Of The Capital District (EIN: 141726531) is a nonprofit organization based in Albany, NY, classified under NTEE code P27Z. The organization reported total revenue of $50.3M and total assets of $54.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of The Capital District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Of The Capital District is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.3M |
| Total Expenses | $35.3M |
| Surplus / Deficit | $-5,956,754 |
| Total Assets | $53.1M |
| Total Liabilities | $25.9M |
| Net Assets | $27.2M |
| Operating Margin | -20.3% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 18.1 months |
Financial Health Grade: B
In 2023, Young Mens Christian Association Of The Capital District reported a deficit of $6.0M with expenses exceeding revenue, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Mens Christian Association Of The Capital District's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +28.7% | -6.9% |
| 2022 | +8.9% | +30.8% | -5.6% |
| 2021 | -31.9% | -47.4% | +12.4% |
| 2020 | +1.2% | -1.2% | -1.0% |
| 2019 | +0.4% | +3.2% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 The Capital District 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 Of The Capital District 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 $6.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation across all periods, which is highly unusual for an organization with annual revenues exceeding $29 million and assets over $53 million, suggesting either a unique compensation structure or a reporting method that does not capture executive pay in this specific field.
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 The Capital District's IRS 990 filings:
- Significant deficit in the latest fiscal period (202303) where expenses ($35,284,942) exceeded revenue ($29,328,188).
- Consistent reporting of 0% for Officer Compensation, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive pay reporting.
- Fluctuating revenue and expense figures, with a notable drop in revenue from $40,218,360 in 202003 to $29,328,188 in 202303.
Strengths
The following positive indicators were identified for Young Mens Christian Association Of The Capital District:
- Maintains substantial assets, consistently above $53 million, providing a strong financial base.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and reporting.
- Demonstrated ability to generate significant revenue, with a peak of over $40 million in 202003.
Frequently Asked Questions about Young Mens Christian Association Of The Capital District
Is Young Mens Christian Association Of The Capital District a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of The Capital District (EIN: 141726531) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Young Mens Christian Association Of The Capital District spend its money?
Young Mens Christian Association Of The Capital District directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Association Of The Capital District tax-deductible?
Young Mens Christian Association Of The Capital District is registered as a tax-exempt nonprofit (EIN: 141726531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Young Mens Christian Association Of The Capital District CEO make?
Young Mens Christian Association Of The Capital District's highest-compensated officer earns $29 annually. The organization reported $50.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Young Mens Christian Association Of The Capital District's spending goes to programs?
Young Mens Christian Association Of The Capital District directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Young Mens Christian Association Of The Capital District compare to similar nonprofits?
With a transparency score of 70/100 (Good), Young Mens Christian Association Of The Capital District 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 Young Mens Christian Association Of The Capital District located?
Young Mens Christian Association Of The Capital District is headquartered in Albany, New York and files with the IRS under EIN 141726531. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Young Mens Christian Association Of The Capital District have?
Young Mens Christian Association Of The Capital District 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 $50.3M in total revenue.
Why did the organization incur a $5.9 million deficit in the 202303 period?
The 202303 filing shows expenses of $35,284,942 against revenues of $29,328,188, leading to a deficit. Understanding the specific reasons for this increase in expenses or decrease in revenue would require a deeper dive into the detailed financial statements.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
The consistent reporting of 0% for Officer Compensation across all filings is atypical for an organization of this scale. It suggests that executive compensation might be reported under different categories, paid by a related entity, or that the field 'Officer Comp' in the provided data refers to a specific type of compensation not applicable here.
What is the organization's strategy to address the recent financial deficit?
With expenses exceeding revenue by $5,956,754 in the latest period, the organization would likely need to implement strategies to either increase revenue streams or reduce operational costs to return to a surplus.
Filing History
IRS 990 filing history for Young Mens Christian Association Of The Capital District showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Of The Capital District's revenue has declined by 15.7%, moving from $34.8M to $29.3M. Total assets increased by 0.2% over the same period, from $53.0M to $53.1M. Total functional expenses rose by 3.8%, from $34.0M to $35.3M. In its most recent filing year (2023), Young Mens Christian Association Of The Capital District reported a deficit of $6.0M, with expenses exceeding revenue. The organization holds $25.9M in liabilities against $53.1M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $27.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.3M | $35.3M | $53.1M | $25.9M | — | View 990 |
| 2022 | $29.8M | $27.4M | $57.0M | $22.8M | — | View 990 |
| 2021 | $27.4M | $21.0M | $60.5M | $27.5M | — | View 990 |
| 2020 | $40.2M | $39.8M | $53.8M | $27.2M | — | View 990 |
| 2019 | $39.7M | $40.3M | $54.3M | $27.7M | — | View 990 |
| 2018 | $39.6M | $39.0M | $55.8M | $28.7M | — | View 990 |
| 2017 | $38.0M | $37.4M | $55.8M | $29.4M | — | View 990 |
| 2016 | $35.7M | $35.9M | $57.2M | $31.1M | — | View 990 |
| 2015 | $34.8M | $33.8M | $57.5M | $31.1M | — | View 990 |
| 2014 | $35.4M | $33.9M | $57.5M | $32.1M | — | View 990 |
| 2013 | $35.7M | $32.5M | $57.0M | $32.8M | — | View 990 |
| 2012 | $33.7M | $32.1M | $54.3M | $33.0M | — | View 990 |
| 2011 | $34.8M | $34.0M | $53.0M | $33.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.3M, expenses of $35.3M, and assets of $53.1M (revenue -1.6% year-over-year).
- 2022: Revenue of $29.8M, expenses of $27.4M, and assets of $57.0M (revenue +8.9% year-over-year).
- 2021: Revenue of $27.4M, expenses of $21.0M, and assets of $60.5M (revenue -31.9% year-over-year).
- 2020: Revenue of $40.2M, expenses of $39.8M, and assets of $53.8M (revenue +1.2% year-over-year).
- 2019: Revenue of $39.7M, expenses of $40.3M, and assets of $54.3M (revenue +0.4% year-over-year).
- 2018: Revenue of $39.6M, expenses of $39.0M, and assets of $55.8M (revenue +4.2% year-over-year).
- 2017: Revenue of $38.0M, expenses of $37.4M, and assets of $55.8M (revenue +6.3% year-over-year).
- 2016: Revenue of $35.7M, expenses of $35.9M, and assets of $57.2M (revenue +2.6% year-over-year).
- 2015: Revenue of $34.8M, expenses of $33.8M, and assets of $57.5M (revenue -1.6% year-over-year).
- 2014: Revenue of $35.4M, expenses of $33.9M, and assets of $57.5M (revenue -0.8% year-over-year).
- 2013: Revenue of $35.7M, expenses of $32.5M, and assets of $57.0M (revenue +6.0% year-over-year).
- 2012: Revenue of $33.7M, expenses of $32.1M, and assets of $54.3M (revenue -3.2% year-over-year).
- 2011: Revenue of $34.8M, expenses of $34.0M, and assets of $53.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Of The Capital District:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Of The Capital District 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.