Womans Club of Rye Inc

Analysis

Womans Club of Rye Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Womans Club of Rye Inc reported income of $52k and spending of $46k, spending 89% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $37k to $52k (+42%), an average of +42% a year. The sharpest change came in the year to May 2024, when income rose by 42%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womans Club of Rye Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Central Patrol Business Association ($52k), Downtown Waltham Partnership ($52k) and United People for African Congress ($52k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $80k against liabilities of $3,875, net assets of $77k.