YWCA Golden Gate Silicon Valley

Analysis

YWCA Golden Gate Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Golden Gate Silicon Valley reported income of $17.3m and spending of $15.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $17.3m (+131%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YWCA Golden Gate Silicon Valley sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Auberle ($17.3m), Project Re-Direct Inc ($17.3m) and Southern Crescent Resource Ministries Inc ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $877k (5.7% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $12.8m against liabilities of $2.3m, net assets of $10.5m. It reported 175 employees.