Young Womens Christian Association of Metropolitan Detroit

Analysis

Young Womens Christian Association of Metropolitan Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 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 (donations from the general public) 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 Metropolitan Detroit reported income of $1.6m and spending of $1.7m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 64%. 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, Young Womens Christian Association of Metropolitan Detroit sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Community Options Foundation Inc ($1.6m), Community Alternatives Management Group Incorporated ($1.6m) and Abc Foster Family Agency Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $124k (7.1% of expenses). Other salaries and wages came to $889k. At year end it held assets of $2.2m against liabilities of $409k, net assets of $1.8m. It reported 45 employees.