Young Womens Christian Association of Winston-Salem & Forsyth County

Analysis

Young Womens Christian Association of Winston-Salem & Forsyth County is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 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, Young Womens Christian Association of Winston-Salem & Forsyth County reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.2m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2021, when income dropped by 65%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Womens Christian Association of Winston-Salem & Forsyth County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Bethels Family Christian Academy Inc ($2.2m), Alexandria House ($2.2m) and East Texas Behavioral Resources Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $120k (5.8% of expenses). Other salaries and wages came to $932k. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $352k. It reported 98 employees.