YWCA of Greater Charleston

Analysis

YWCA of Greater Charleston is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 1971, 55 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 June 2023, YWCA of Greater Charleston reported income of $722k and spending of $707k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $522k to $722k (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA of Greater Charleston sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Eastside Ministries of Ft Worth ($722k), Jewish Family Service of Akron Ohio ($722k) and Dottie Rose Foundation ($722k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $89k (13% of expenses). Other salaries and wages came to $213k. At year end it held assets of $9.4m against liabilities of $45k, net assets of $9.4m. It reported 8 employees.