YWCA Syracuse & Onondaga County

Analysis

YWCA Syracuse & Onondaga County is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in December 1942, 84 years ago. 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 December 2023, YWCA Syracuse & Onondaga County reported income of $1.4m and spending of $1.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Syracuse & Onondaga County sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include FCC Child Development Center Inc ($1.4m), Options Unlimited Inc ($1.4m) and Washington State Budget and Policy Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $85k (5.6% of expenses). Other salaries and wages came to $717k. At year end it held assets of $2.6m against liabilities of $264k, net assets of $2.3m. It reported 39 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.