YWCA Greensboro

Analysis

YWCA Greensboro is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 1942, 84 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, YWCA Greensboro reported income of $943k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $756k to $943k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Greensboro sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Boy Scouts of America ($943k), Crisis Pregnancy Center of New Braunfels ($943k) and Teaching Humane Existence Treatment Program Inc ($943k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $80k (7.7% of expenses). Other salaries and wages came to $491k. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.6m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.