Ywam Myrtle Beach Inc

Analysis

Ywam Myrtle Beach Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Ywam Myrtle Beach Inc reported income of $527k and spending of $312k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $197k to $527k (+168%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ywam Myrtle Beach Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include New Nation ($527k), Manav Seva Mandir ($527k) and Young Sephardic Community Center ($527k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.