YWCA Central Maine

Analysis

YWCA Central Maine is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in June 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, YWCA Central Maine reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA Central Maine sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Apple Lane Community Child Care Center ($1.7m), Kids Nutrition Company Inc ($1.7m) and Fauquier Community Action Committee Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $72k (4.1% of expenses). Other salaries and wages came to $954k. At year end it held assets of $3.5m against liabilities of $796k, net assets of $2.7m. It reported 75 employees.