The YWCA Retirement Fund Inc

Analysis

The YWCA Retirement Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1942, 84 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The YWCA Retirement Fund Inc reported income of $22.2m and spending of $38.1m, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.5m to $22.2m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 179% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The YWCA Retirement Fund Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Ums-Wright Corporation ($22.1m), Northwest Immigrant Rights Project ($22.2m) and Louisiana Clinical Services Inc ($22.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. Compensation of current officers, directors and key employees was $642k (1.7% of expenses). At year end it held assets of $386.7m against liabilities of $7.5m, net assets of $379.2m. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.