Young Mens Christian Association Of Worcester

Organization Overview

Young Mens Christian Association Of Worcester is located in Worcester, MA. The organization was established in 1934. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 09/2021, Young Mens Christian Association Of Worcester employed 752 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Worcester is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Young Mens Christian Association Of Worcester generated $25.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $21.8m during the year ending 09/2021. While expenses have increased by 3.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE YMCA OF CENTRAL MASSACHUSETTS STRENGTHENS THE FOUNDATIONS OF COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTHY LIVING - IMPROVING THE NATION'S HEALTH AND WELL BEING


YOUTH DEVELOPMENT - NURTURING THE POTENTIAL OF EVERY CHILD


TEEN LEADERSHIP & SOCIAL RESPONSIBILITY - GIVING BACK AND PROVIDING SUPPORT TO OUR NEIGHBORS THROUGH A VARIETY OF TEEN AND COMMUNITY-BASED INITIATIVES


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Adi Services
Property Maintenance And Cleaning
$210,961
Curtis Septic System
Septic Systems
$106,255
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$777,025
Membership dues$0
Fundraising events$127,961
Related organizations$0
Government grants $14,754,367
All other contributions, gifts, grants, and similar amounts not included above$1,100,427
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,759,780
Total Program Service Revenue$6,888,449
Investment income $495,705
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $333,378
Net Gain/Loss on Asset Sales $745,142
Net Income from Fundraising Events -$2,445
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,744
Miscellaneous Revenue$0
Total Revenue $25,227,753

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Young Mens Christian Association Of Worcester has recieved totaling $139,704.

Awarding OrganizationAmount
$71,029
United Way Of North Central Mass Inc

Fitchburg, MA

PURPOSE: PROGRAM SUPPORT

$29,250
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$21,750
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: MINORITY ACHIEVER'S PROGRAM

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,525
Analog Devices Foundation

Boston, MA

PURPOSE: GENERAL SUPPORT

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,570,825
Earnings$2,725,824
Net Contributions$342,042
Other Expense$2,245,054
Ending Balance$13,393,637

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