Young Womens Christian Assoc of Kalamazoo

Analysis

Young Womens Christian Assoc of Kalamazoo is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 1942, 84 years ago. 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 Assoc of Kalamazoo reported income of $9.9m and spending of $16.6m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $9.9m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Womens Christian Assoc of Kalamazoo sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Providence St Mel School ($9.9m), Adult & Teen Challenge of Texas ($9.9m) and St Anns Home Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $361k (2.2% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $27.7m against liabilities of $1.5m, net assets of $26.2m. It reported 290 employees.