YWCA of McLean County

Analysis

YWCA of McLean County is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in October 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 June 2023, YWCA of McLean County reported income of $3.6m and spending of $4.3m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA of McLean County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Drueding Center ($3.6m), Arcadia Elder Services ($3.6m) and St Vincent de Paul Thrift Store of Dallas ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $98k (2.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $8.1m against liabilities of $540k, net assets of $7.6m. It reported 190 employees.