Young Womens Christian Assoc

Analysis

Young Womens Christian Assoc is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in December 1948, 78 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 Assoc reported income of $1.0m and spending of $981k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.0m (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 93% 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 Assoc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Oregon Coast Council of the Arts ($1.0m), Cambridgeport Child Care Inc ($1.0m) and A Brighter Way ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $89k (9.1% of expenses). Other salaries and wages came to $525k. At year end it held assets of $2.1m against liabilities of $319k, net assets of $1.7m. It reported 26 employees.