Young Womens Christian Association of Lubbock Texas Inc

Analysis

Young Womens Christian Association of Lubbock Texas Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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 December 2023, Young Womens Christian Association of Lubbock Texas Inc reported income of $15.7m and spending of $11.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.1m to $15.7m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Womens Christian Association of Lubbock Texas Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Escuela de Medicina San Juan Bautista Inc ($15.7m), Brockport Auxilary Service Corporation ($15.7m) and San Francisco Community Clinic Consortium ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $242k (2.0% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $35.9m against liabilities of $581k, net assets of $35.3m. It reported 498 employees.