YWCA Apartments Inc

Analysis

YWCA Apartments Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, YWCA Apartments Inc reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.4m (+14%), an average of +3.3% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, YWCA Apartments Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Safe Harbors of the Hudson Inc ($2.4m), Dewittsburg Housing Development Fund Corporation ($2.4m) and Immanuel Affordable II Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $254k. At year end it held assets of $13.8m against liabilities of $12.1m, net assets of $1.7m.