Young Womens Christian Assoc of Annapolis & Anne Arundel Cty MD

Analysis

Young Womens Christian Assoc of Annapolis & Anne Arundel Cty MD is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in February 1969, 57 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 2023, Young Womens Christian Assoc of Annapolis & Anne Arundel Cty MD reported income of $6.3m and spending of $3.4m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.3m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 67% 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 Annapolis & Anne Arundel Cty MD sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Urbanpromise Ministries Inc ($6.3m), Childrens Receiving Home of Sacramento ($6.3m) and Habitat for Humanity International Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $409k (12% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $16.9m against liabilities of $684k, net assets of $16.2m. It reported 72 employees.