Young Womens Christian Association of Boston Inc

Analysis

Young Womens Christian Association of Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Young Womens Christian Association of Boston Inc reported income of $1.3m and spending of $4.5m, spending 348% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.3m (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 341%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Womens Christian Association of Boston Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Intrepid Events Inc ($1.3m), Young Womens Christian Association of Northwest Indiana Inc ($1.3m) and New Jersey Physicians Advisory Group Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $370k (8.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $35.2m against liabilities of $1.7m, net assets of $33.5m. It reported 50 employees.