Trustees of the Young Womans Christian Home

Analysis

Trustees of the Young Womans Christian Home is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1942, 84 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Trustees of the Young Womans Christian Home reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trustees of the Young Womans Christian Home sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Erie Regional Housing Development Corp ($1.7m), Findlay Hope House for the Homeless Inc ($1.7m) and David Jones Jr Assisted Living Center Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $128k (7.7% of expenses). Other salaries and wages came to $337k. At year end it held assets of $2.3m against liabilities of $431k, net assets of $1.9m. It reported 19 employees.