Young Womens Christian Association of Northwest Indiana Inc

Analysis

Young Womens Christian Association of Northwest Indiana Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in July 1938, 88 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young Womens Christian Association of Northwest Indiana Inc reported income of $1.3m and spending of $621k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $482k to $1.3m (+170%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 175%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Womens Christian Association of Northwest Indiana Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Young Womens Christian Association of Boston Inc ($1.3m), New Leash on Life USA ($1.3m) and Intrepid Events Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $58k (9.3% of expenses). Other salaries and wages came to $148k. At year end it held assets of $4.0m against liabilities of $105k, net assets of $3.9m. It reported 12 employees.