YWCA of Central Virginia

Analysis

YWCA of Central Virginia is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, YWCA of Central Virginia reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA of Central Virginia sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Minders Inc ($2.0m), Oasis a Safe Haven for Survivors of Domestic and Sexual Violence ($2.0m) and Martin Luther King Jr Family Services Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $83k (4.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.6m against liabilities of $249k, net assets of $3.3m. It reported 67 employees.