Young Womens Christian Association of Niagra Frontier Inc

Analysis

Young Womens Christian Association of Niagra Frontier Inc is a registered charity in United States, based in Lockport, NY. It received its IRS tax-exemption ruling in December 1970, 56 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, Young Womens Christian Association of Niagra Frontier Inc reported income of $7.0m and spending of $3.6m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $7.0m (+158%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 76% 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 Niagra Frontier Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Traditions at Xenia ($7.0m), Corporate Leadership Center ($7.0m) and Catholic Charities of the Diocese of Oakland ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $259k (7.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.4m against liabilities of $1.1m, net assets of $4.3m. It reported 134 employees.