Young Womens Christian Association of Cleveland Ohio

Analysis

Young Womens Christian Association of Cleveland Ohio is a registered charity in United States, based in Cleveland, OH. 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 June 2023, Young Womens Christian Association of Cleveland Ohio reported income of $9.3m and spending of $9.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $9.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 92% 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 Cleveland Ohio sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include West Palm Golf Community Trust Inc ($9.3m), Mdi Government Service Inc ($9.3m) and Residential Home for the Developmentally Disabled Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $366k (3.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $18.0m against liabilities of $3.9m, net assets of $14.1m. It reported 157 employees.