YWCA Madison Inc

Analysis

YWCA Madison Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 1945, 81 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, YWCA Madison Inc reported income of $6.8m and spending of $7.4m, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $5.8m to $6.8m (+18%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA Madison Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Denver Indian Health and Family Services Inc ($6.8m), Royal Palm Academy Inc ($6.8m) and Cenla Area Agency on Aging Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $239k (3.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $17.8m against liabilities of $1.7m, net assets of $16.1m. It reported 87 employees.