Scarsdale Womans Exchange Inc
Analysis
Scarsdale Womans Exchange Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in February 1950, 76 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Scarsdale Womans Exchange Inc reported income of $234k and spending of $187k, leaving 20% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $219k to $234k (+7.0%), an average of +7.0% a year. Over the whole period it spent 78% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Scarsdale Womans Exchange Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Durand Swim Club Incorporated ($234k), Each Green Corner ($234k) and Business Technology Development ($234k).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 10% and program service revenue 89% of the total. At year end it held assets of $242k against liabilities of $21k, net assets of $220k.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 89%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Durand Swim Club Incorporated | Durand | $234k |
| Each Green Corner | San Carlos | $234k |
| Business Technology Development | Huntsville | $234k |
| Wabash County Business Alliance Foundation Inc | Wabash | $234k |