YWCA of Greater Lafayette

Analysis

YWCA of Greater Lafayette is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in August 1942, 84 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, YWCA of Greater Lafayette reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.2m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA of Greater Lafayette sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include The Michaels Organization Educational Foundation ($2.2m), Gowest Foundation ($2.2m) and Montgomery County Office for the Aging Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $210k (9.6% of expenses). Other salaries and wages came to $929k. At year end it held assets of $2.8m against liabilities of $428k, net assets of $2.4m. It reported 84 employees.