Dominican Womens Devel Center

Analysis

Dominican Womens Devel Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1992, 34 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, Dominican Womens Devel Center reported income of $5.3m and spending of $5.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.3m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dominican Womens Devel Center 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Pee Dee Coalition Against Domestic and Sexual Assault ($5.3m), Georgia Historical Society ($5.3m) and Minot State University Development Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $121k (2.3% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $1.5m against liabilities of $1.0m, net assets of $532k. It reported 80 employees.