Yw Homes Inc

Analysis

Yw Homes Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Yw Homes Inc reported income of $96k and spending of $248k, spending 258% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $76k to $96k (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 241% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yw Homes Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Middle Atlantic Regional Council of the National Association ($96k), Archuleta Housing for the Elderly ($96k) and St Regis Housing Development Fund Corporation ($96k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 37% of the total. Other salaries and wages came to $60k. At year end it held assets of $640k against liabilities of $2.2m, net assets of -$1.6m.

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.