Newport County Womens Resource Center

Analysis

Newport County Womens Resource Center is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Newport County Womens Resource Center reported income of $3.3m and spending of $2.1m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.3m (+82%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newport County Womens Resource Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within RI. Charities of a similar size with the same main cause include Michigan House Inc ($3.3m), Feeding North Texas Foundation ($3.3m) and Jewish Community Center of Binghamton New York Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $105k (5.0% of expenses). Other salaries and wages came to $898k. At year end it held assets of $2.4m against liabilities of $140k, net assets of $2.3m. It reported 27 employees.