Women of Color Foundation

Analysis

Women of Color Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Women of Color Foundation reported income of $285k and spending of $284k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $285k (+14%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Women of Color Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Colegio de Tecnicos Y Mecanicos Automotrices de PR ($285k), Appalachian Reading Ctr Inc ($285k) and Sonoma Country Day Parents ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $18k. At year end it held assets of $72k against liabilities of $98k, net assets of -$26k. It reported 1 employees.