Young Womens Christian Association of High Point NC Inc

Analysis

Young Womens Christian Association of High Point NC Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in August 1952, 74 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Young Womens Christian Association of High Point NC Inc reported income of $1.9m and spending of $2.0m, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.9m (+69%), an average of +11% a year. The sharpest change came in the year to December 2019, when income rose by 37%. Over the whole period it spent 93% 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 High Point NC Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Bikes for the World Inc ($1.9m), Lighthouse Christian Ministries ($1.9m) and Corazon de Vida Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $154k (7.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $5.3m against liabilities of $2.0m, net assets of $3.3m. It reported 100 employees.