Young Womens Christian Association of Memphis Tenn

Analysis

Young Womens Christian Association of Memphis Tenn is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 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 (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 Memphis Tenn reported income of $2.6m and spending of $2.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 96% 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 Memphis Tenn sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Springfield Area Parent Child Center ($2.6m), Lodi Grape Festival & National Wine Show Association ($2.6m) and Womens Division Christian Service Gum Moon Residence Hall ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.5m against liabilities of $353k, net assets of $2.2m. It reported 10 employees.