YWCA of Olympia

Analysis

YWCA of Olympia is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in December 1947, 79 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 December 2023, YWCA of Olympia reported income of $247k and spending of $562k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $685k to $247k (-64%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA of Olympia sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Metropolitan Institute for Training in Psychoanalytic Psychotherapy ($247k), Canby Booster Club Inc ($247k) and Senior Citizens Association of Bluffton Ohio ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $120k (21% of expenses). Other salaries and wages came to $225k. At year end it held assets of $146k against liabilities of $157k, net assets of -$11k. It reported 9 employees.