YWCA West Central Michigan
Analysis
YWCA West Central Michigan is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, YWCA West Central Michigan reported income of $5.1m and spending of $5.6m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.1m to $5.1m (-1.3%), an average of -0.3% a year. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA West Central Michigan sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Salesmanship Club Charitable Golf of Dallas Inc ($5.1m), Common Market Philadelphia Inc ($5.1m) and Team Management 2000 Inc ($5.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $232k (4.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $8.9m against liabilities of $1.3m, net assets of $7.6m. It reported 106 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 6.6%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salesmanship Club Charitable Golf of Dallas Inc | Dallas | $5.1m |
| Common Market Philadelphia Inc | Philadelphia | $5.1m |
| Team Management 2000 Inc | Hackensack | $5.1m |
| Reed Next Inc | Oakland | $5.1m |