YWCA Black Hawk County

Analysis

YWCA Black Hawk County is a registered charity in United States, based in Waterloo, IA. 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 June 2024, YWCA Black Hawk County reported income of $1.4m and spending of $2.0m, spending 136% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.4m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Black Hawk County sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Funeral Service Foundation Inc ($1.4m), Project Sister Family Services ($1.4m) and Johnstown Educational Foundation ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $51k (2.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.2m against liabilities of $268k, net assets of $6.9m. It reported 122 employees.