YWCA Pierce County

Analysis

YWCA Pierce County is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in July 1942, 84 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 June 2023, YWCA Pierce County reported income of $3.7m and spending of $4.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.7m (-8.6%), an average of -2.2% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Pierce County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Dayspring Foundation ($3.7m), Manna-The Durango Soup Kitchen ($3.7m) and Visiting Nurse Assocation of the Midlands ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $123k (3.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $23.1m against liabilities of $10.1m, net assets of $13.0m. It reported 61 employees.