Ywam Boston Inc
Analysis
Ywam Boston Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ywam Boston Inc reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $994k to $1.1m (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 102% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Ywam Boston Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Jewish Resource Center ($1.1m), A Chassidisher Derher Inc ($1.1m) and Global Ministries Foundation ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $41k (3.5% of expenses). Other salaries and wages came to $470k. At year end it held assets of $867k against liabilities of $630k, net assets of $238k. It reported 39 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 45%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jewish Resource Center | Ann Arbor | $1.1m |
| A Chassidisher Derher Inc | Brooklyn | $1.1m |
| Global Ministries Foundation | Cordova | $1.1m |
| Across Nations | Window Rock | $1.1m |