YWCA Delaware Inc

Analysis

YWCA Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, YWCA Delaware Inc reported income of $5.1m and spending of $4.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $3.7m to $5.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA Delaware Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within DE. Charities of a similar size with the same main cause include Senior Services of Central Illinois Inc ($5.1m), Bamberg County Disabilities & Special Needs Board-Fiscal Agent ($5.1m) and Village Learning Center Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $259k (5.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $10.3m against liabilities of $2.1m, net assets of $8.1m. It reported 60 employees.