YWCA South Florida Inc

Analysis

YWCA South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 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 (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 South Florida Inc reported income of $7.8m and spending of $7.9m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.7m to $7.8m (+1.2%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA South Florida Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Community Enrichment Center Inc ($7.8m), Alternative Structures International ($7.8m) and Ohio Partners for Afforable Energy ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $241k (3.0% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $14.8m against liabilities of $3.2m, net assets of $11.6m. It reported 185 employees.