Wyoming Womens Business Center

Analysis

Wyoming Womens Business Center is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in March 2007, 19 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 September 2023, Wyoming Womens Business Center reported income of $738k and spending of $801k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $673k to $738k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to September 2020, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wyoming Womens Business Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within WY. Charities of a similar size with the same main cause include Impact Africa Network Inc ($738k), Downtown Springdale Alliance ($739k) and U Care Inc ($737k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $66k (8.2% of expenses). Other salaries and wages came to $389k. At year end it held assets of $813k against liabilities of $450k, net assets of $363k. It reported 18 employees.