Womens Business Development Council Inc

Analysis

Womens Business Development Council Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 1997, 29 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, Womens Business Development Council Inc reported income of $7.4m and spending of $7.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $7.4m (+288%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Womens Business Development Council Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Accreditation Alliance of Career Schools and Colleges ($7.4m), Arts Based School ($7.4m) and Atlanta Academy Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $922k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.7m against liabilities of $5.5m, net assets of $2.2m. It reported 33 employees.