Womens Lunch Place Inc

Analysis

Womens Lunch Place Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1984, 42 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 June 2023, Womens Lunch Place Inc reported income of $6.2m and spending of $5.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $6.2m (+98%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womens Lunch Place Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Nocti ($6.2m), Doorways for Women & Families Inc ($6.2m) and Apprenticeship and Non-Traditional Employment for Women ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $281k (5.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $10.1m against liabilities of $2.1m, net assets of $8.0m. It reported 58 employees.