Womens Opportunities Resource Center

Analysis

Womens Opportunities Resource Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1994, 32 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, Womens Opportunities Resource Center reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.8m (+68%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 41%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womens Opportunities Resource Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Prosperus Detroit Micro Lending ($1.8m), Association of Womens Business Centers ($1.8m) and Community Connections Real Estate Foundation ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $66k (4.9% of expenses). Other salaries and wages came to $255k. At year end it held assets of $4.9m against liabilities of $879k, net assets of $4.0m. It reported 12 employees.