Young Womens Christian Association of Newburyport

Analysis

Young Womens Christian Association of Newburyport is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in June 1936, 90 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 December 2023, Young Womens Christian Association of Newburyport reported income of $3.0m and spending of $3.4m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.0m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 94% 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 Newburyport sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include One Good Turn ($3.0m), Full Access ($3.0m) and Broadcasters Child Development ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $139k (4.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.4m against liabilities of $9.5m, net assets of $1.9m. It reported 80 employees.