Young Womens Christian Association of the Greater Capital Region Inc

Analysis

Young Womens Christian Association of the Greater Capital Region Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in October 1956, 70 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, Young Womens Christian Association of the Greater Capital Region Inc reported income of $1.5m and spending of $1.8m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Womens Christian Association of the Greater Capital Region Inc 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 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Catchafire Foundation ($1.5m), Banner Day Learning Corp ($1.5m) and Kanawha Valley Homes Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $113k (6.3% of expenses). Other salaries and wages came to $819k. At year end it held assets of $4.5m against liabilities of $235k, net assets of $4.2m. It reported 35 employees.