Downtown Womens Center

Analysis

Downtown Womens Center is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in March 2004, 22 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 August 2023, Downtown Womens Center reported income of $2.4m and spending of $2.6m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $2.4m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to August 2021, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downtown Womens Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of Chicopee Inc ($2.4m), Brookview Inc ($2.4m) and Womens Care Center ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $162k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.6m against liabilities of $108k, net assets of $4.5m. It reported 66 employees.