Young Womens Christian Association of South Hampton Roads

Analysis

Young Womens Christian Association of South Hampton Roads is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in December 1944, 82 years ago. 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, Young Womens Christian Association of South Hampton Roads reported income of $2.3m and spending of $3.0m, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.6m to $2.3m (-38%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 86% 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 Association of South Hampton Roads sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Baton Rouge Primary Care Collaborative Inc ($2.3m), Global War on Terrorism Memorial Foundation Inc ($2.3m) and Empower Learn Create ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $273k (9.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.6m against liabilities of $724k, net assets of $3.8m. It reported 85 employees.