New Bedford Womens Center Inc

Analysis

New Bedford Womens Center Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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, New Bedford Womens Center Inc reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.5m (+26%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Bedford Womens Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Concho Valley Regional Food Bank of Texas Inc ($4.5m), Friends School of Atlanta Inc ($4.5m) and Islamska Zajednica Bosnjaka Sjeverne Amerike ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $2.7m against liabilities of $838k, net assets of $1.8m. It reported 67 employees.