Young Womens Christian Association of Malden

Analysis

Young Womens Christian Association of Malden is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in May 1977, 49 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 June 2023, Young Womens Christian Association of Malden reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.8m (+32%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 86% 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 Malden sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Madison Adoption Associates Ltd ($1.8m), Loaves & Fishes of the Rio Grande Valley Inc ($1.8m) and Refugee Federation Service Center ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $77k (5.2% of expenses). Other salaries and wages came to $728k. At year end it held assets of $2.4m against liabilities of $98k, net assets of $2.3m. It reported 61 employees.