Belmont Womans Club

Analysis

Belmont Womans Club is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 March 2023, Belmont Womans Club reported income of $63k and spending of $45k, leaving 29% of income unspent that year. Across the 4 years on record, from March 2019 to March 2023, income grew from $44k to $63k (+43%), an average of +13% a year. The sharpest change came in the year to March 2023, when income rose by 126%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Belmont Womans Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Womans Club of Spokane ($63k), Washington Operation Lifesaver ($63k) and Working Together Pa Inc ($63k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.