The YWCA of Brooklyn Inc

Analysis

The YWCA of Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1944, 82 years ago. 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, The YWCA of Brooklyn Inc reported income of $5.3m and spending of $5.8m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The YWCA of Brooklyn 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Apostolic Christian Resthaven ($5.3m), Hope Hall ($5.3m) and Chicago Abortion Fund ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $231k (4.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $24.5m against liabilities of $13.9m, net assets of $10.7m. It reported 33 employees.