YWCA of Eastern Union County

Analysis

YWCA of Eastern Union County is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in July 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 of Eastern Union County reported income of $4.4m and spending of $3.8m, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.0m to $4.4m (+47%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA of Eastern Union County sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Florida Chamber of Commerce Foundation Inc ($4.4m), Milwaukee Kickers Soccer Club Inc ($4.4m) and YMCA of Waycross Georgia Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $8.6m against liabilities of $1.3m, net assets of $7.3m. It reported 71 employees.