Young Womens Christian Association

Analysis

Young Womens Christian Association is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in August 1942, 84 years ago. 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 2023, Young Womens Christian Association reported income of $2.1m and spending of $1.7m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.1m (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 61% 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 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Organization of Chinese Americans Inc ($2.1m), St Francis Shelter ($2.1m) and The Art League of Manatee County ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $107k (6.4% of expenses). Other salaries and wages came to $802k. At year end it held assets of $7.8m against liabilities of $1.0m, net assets of $6.8m. It reported 31 employees.