YWCA Boulder County

Analysis

YWCA Boulder County is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in November 1961, 65 years ago. 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 August 2023, YWCA Boulder County reported income of $2.0m and spending of $2.5m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income grew from $1.6m to $2.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2022, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Boulder County sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Bucks County Rescue Squad ($2.0m), Neighborhood Boys & Girls Club ($2.0m) and Pottawattamie Arts Culture & Entertainment ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $147k (5.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.5m against liabilities of $277k, net assets of $2.2m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.