Overview
What is Young Woman's Christian Home?
The Young Woman's Christian Home, established in 1887, is a nonprofit organization based in Washington, D.C. With a mission to offer temporary housing and support to young women seeking education or employment, the home provides essential facilities such as living quarters, housekeeping, meal services, a security system, recreation, computer rooms, and common living areas for socialization. In 2022, 354 young women aged 18 to 34 benefited from these services. The home, also known as Thompson-Markward Hall, has been a beacon of help for numerous women from various cultural and religious backgrounds across the United States and globally. It offers meals for guests of its residents, emphasizing its commitment to supporting young women in their transition to the community.
Official website here: www.tmhdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Young Woman's Christian Home has achieved an impressive four-star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The overall score is derived entirely from its performance in this area, showcasing a 100% independent board and excellent management of its financial resources.
The organization demonstrates robust governance practices, including an independent board comprised entirely of members who are not affiliated with the charity, which enhances its credibility. It also maintains thorough oversight with an effective audit committee and has implemented key policies like conflict of interest and whistleblower protections. These factors contribute to a transparent operational structure.
However, while the financial ratios indicate a solid performance, with an 82.29% program expense ratio showing that the majority of spending directly supports its mission, ongoing monitoring of these metrics is essential for sustaining organizational effectiveness. Overall, Young Woman's Christian Home presents a strong case for donor confidence based on its governance and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Young Woman's Christian Home legitimate?
Young Woman's Christian Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Woman's Christian Home submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $121,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,676
For more financial information, click here
Official website here: www.tmhdc.org
What is the mission statement of Young Woman's Christian Home?
The Young Woman's Christian Home's mission is centered around providing temporary housing and support for young women aged 18 to 34 who are relocating to a new area for educational or professional reasons. The organization offers affordable, safe, and semi-temporary living quarters, along with essential amenities such as housekeeping, meals, a security system, recreational facilities, and communal areas for socialization. Since its establishment in 1887, the home has served as a refuge for thousands of young women, accommodating 354 such individuals in 2022 alone. The organization's impact extends beyond the United States, reaching out to women from diverse cultures and religions worldwide.
Official website here: www.tmhdc.org
Who is the CEO of Young Woman's Christian Home?
Jennifer Sharp is the President of Young Woman's Christian Home.
Official website here: www.tmhdc.org
What is the revenue of Young Woman's Christian Home?
Young Woman's Christian Home's revenue in 2022 was $1,666,473.
Official website here: www.tmhdc.org
Who are the executives of Young Woman's Christian Home and what are their salaries?
The average compensation at Young Woman's Christian Home during 2022 was $25,275. There are 16 employees and 12 volunteers at Young Woman's Christian Home.
Here are 12 key members and their salaries:
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- Compensation: $117,960
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- Other: $3,760
Official website here: www.tmhdc.org
Where can I find the form 990 for Young Woman's Christian Home?
Young Woman's Christian Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmhdc.org
Learn more at the official website: www.tmhdc.org
Mission Statement of Young Woman's Christian Home
The Young Woman's Christian Home, established in 1887, serves as a temporary sanctuary for young women aged 18 to 34 who relocate to Washington D.C. for educational or professional pursuits. Its mission is to offer affordable, secure, and semi-temporary housing, providing these women with a supportive environment until they can establish themselves in the community. The home offers a range of amenities, including living quarters, housekeeping services, major meals, a security system, a recreation room, a computer room, and common living areas for socialization. Furthermore, the home extends its hospitality to guests of its residents, ensuring they too are well-cared for. Over the years, the Young Woman's Christian Home has positively impacted the lives of numerous women from various cultural backgrounds and religions, hailing from across the United States and around the world.
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Impact
July, 2024
Young Woman's Christian Home has had a profound impact on the lives of many women from diverse backgrounds across the United States and around the world. Since its charter by Congress in 1887, it has served as a haven for young women who come alone to Washington, DC, seeking education or employment. By providing temporary housing, care, and assistance, this organization has supported thousands of women in their journey to become established in the community.
In 2022 alone, Young Woman's Christian Home accommodated 354 young women between the ages of 18 to 34, offering them not just living quarters, but also essential amenities like housekeeping, meals, security systems, and recreational facilities. Additionally, the organization's provision of meals for guests of its residents underscores its commitment to creating a supportive and inclusive environment for all who pass through its doors.
Through its mission to provide affordable, safe, and semi-temporary housing, Young Woman's Christian Home plays a vital role in empowering young women to pursue their educational and career goals in Washington, DC. By offering a nurturing space for socialization and growth, this organization has made a lasting impact on the lives of those it serves, contributing to the broader community ethos of care, support, and opportunity.
This information is meant to be a general summary of Young Woman's Christian Home. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51,265
- Program Service Revenue: $1,297,955
- Gross Receipts: $1,677,464
Assets and Liabilities:
- Total Assets: $2,175,024
- Total Liabilities: $401,784
- Net Assets: $1,773,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$1,286,910
GUEST RENT AND MEAL
Revenue
$11,045
Organization Details
Founding Year
1887
Phone
(202) 546-3255Principal Officer
Jennifer Sharp
Main Address
235 2ND ST NE, WASHINGTON, DC, 200025705
Website
www.tmhdc.orgNTEE Category
Code: L410 - Housing
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