YWCA of Charleston West Virginia Inc

Analysis

YWCA of Charleston West Virginia Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in December 1955, 71 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 Charleston West Virginia Inc reported income of $5.7m and spending of $5.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA of Charleston West Virginia 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 93rd percentile, and in the 93rd percentile within WV. Charities of a similar size with the same main cause include Jewish Family Service & Childrens Center of Clifton-Passaic Inc ($5.7m), Milestones of Development Inc ($5.7m) and Hospice of the Calumet Area Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $199k (3.8% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $18.6m against liabilities of $359k, net assets of $18.2m. It reported 132 employees.