The Foundation of Accounting and Financial Womens Alliance

Analysis

The Foundation of Accounting and Financial Womens Alliance is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Foundation of Accounting and Financial Womens Alliance reported income of $52k and spending of $52k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $50k to $52k (+2.5%), an average of +0.8% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Foundation of Accounting and Financial Womens Alliance sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within KY. Charities of a similar size with the same main cause include Grace McWayne Parent Teacher Organization of Batavia Illinois ($52k), Georgetown Itl Network ($52k) and Wausa Public Schools Foundation ($52k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $204k against liabilities of $13k, net assets of $191k.