YWCA Greenwich Connecticut Inc

Analysis

YWCA Greenwich Connecticut Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in January 1943, 83 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 Greenwich Connecticut Inc reported income of $6.9m and spending of $8.0m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.3m to $6.9m (+9.4%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 76%. 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, YWCA Greenwich Connecticut Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Harford Community Action Agency Inc ($6.9m), West Virginia Coalition to End Homelessness Inc ($6.9m) and Dreams with Wings Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $731k (9.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $19.9m against liabilities of $1.6m, net assets of $18.4m. It reported 187 employees.