Young Mens Institute Library
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Young Mens Institute Library is a 501(c)(3) organization based in New Haven, Connecticut, registered in 2024, with $355,680 in FY2023 revenue. CharityIndex grades it B.
847 Chapel St, New Haven, CT, 06510 EIN 06-0646756 Since 2024
Revenue (FY2023)
$356K
▲ 103.7% vs prior year
Expenses (FY2023)
$190K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Young Mens Institute Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating91 mo reserves · +47% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Young Mens Institute Library: 91 mo reserves · +47% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Young Mens Institute Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Young Mens Institute Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 847 Chapel St, New Haven, CT, 06510
- City
- New Haven
- State
- Connecticut
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $110K (FY2019) to $356K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6,698Net assets $1.4M
Operating margin
46.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$6,698
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $355,680▲104% | $189,756▼13.3% | $1,434,397▲17.9% | $1,441,095▲17.5% | 990 |
| 2022 | $174,567▼35.0% | $218,766▲16.3% | $1,217,106▼1.3% | $1,226,373▼0.9% | 990PF |
| 2021 | $268,440▲28.9% | $188,139▲97.6% | $1,232,811▲0.7% | $1,237,968▲0.7% | 990PF |
| 2020 | $208,322▲88.8% | $95,194▼10.2% | $1,224,521▲17.0% | $1,228,949▲17.1% | 990PF |
| 2019 | $110,336 | $106,009 | $1,046,432 | $1,049,709 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.1M total
23 grants to Young Mens Institute Library totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Greater New Haven | To provide general operating support | 2024 | $15,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $55,150 |
| Girl Scouts of the United States of America | Program fulfillment | 2023 | $48,925 |
| Girl Scouts of the United States of America | Program fulfillment | 2022 | $60,613 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $25,000 |
| Girl Scouts of the United States of America | Program fulfillment | 2021 | $189,572 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $55,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2021 | $11,000 |
| Girl Scouts of the United States of America | Program fulfillment | 2020 | $164,425 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $40,050 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $40,050 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2020 | $9,000 |
| Girl Scouts of the United States of America | Program fulfilment | 2019 | $54,787 |
| Donor Advised Charitable Giving | Public, societal benefit | 2019 | $12,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2018 | $60,000 |
Frequently asked questions
- Is Young Mens Institute Library a legitimate nonprofit?
- Yes. Young Mens Institute Library is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0646756, based in New Haven, Connecticut. Donations are tax-deductible.
- What is Young Mens Institute Library's EIN?
- Young Mens Institute Library's Employer Identification Number (EIN) is 06-0646756.
- How much revenue does Young Mens Institute Library report?
- Young Mens Institute Library reported $355,680 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Young Mens Institute Library have?
- CharityIndex grades Young Mens Institute Library B, based on financial health (reserves and operating margin).
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Data for Young Mens Institute Library (EIN 06-0646756) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.