The Womans Club of Albany Incorporated

Analysis

The Womans Club of Albany Incorporated is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 2010, 16 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 June 2023, The Womans Club of Albany Incorporated reported income of $97k and spending of $110k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $57k to $97k (+71%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Womans Club of Albany Incorporated sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Central East Portland Rotary Foundation Inc ($97k), Christmas in April St Marys County Inc ($97k) and Downtown Hershey Association ($97k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $810k against liabilities of $200, net assets of $810k.