YWCA Northwestern Illinois Foundation

Analysis

YWCA Northwestern Illinois Foundation is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, YWCA Northwestern Illinois Foundation reported income of $262k and spending of $25k, leaving 90% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $1.0m to $262k (-74%), an average of -74% a year. The sharpest change came in the year to June 2023, when income dropped by 74%. Over the whole period it spent 2.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, YWCA Northwestern Illinois Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Foundation for a Better Puerto Rico Inc ($261k), Dake Foundation for Children ($262k) and St Stephens Episcopal School Endowment Fund TR ($261k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.