YWCA of Hawaii Island

Analysis

YWCA of Hawaii Island is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in August 1965, 61 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 of Hawaii Island reported income of $3.1m and spending of $3.4m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.1m (+20%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA of Hawaii Island sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Center for Independent Living ($3.1m), Montana Health Research and Education Foundation Inc ($3.1m) and The Red Tab Foundation ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.7m. It reported 60 employees.