Womens Business Enterprise Center East

Analysis

Womens Business Enterprise Center East is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Business Enterprise Center East reported income of $1.8m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Womens Business Enterprise Center East 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 83rd percentile within PA. Charities of a similar size with the same main cause include The Orange County Council on Alcoholism Inc ($1.8m), Tampa Bay Library Consortium Inc ($1.8m) and Society of Behavioral Medicine Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 57% of the total. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m. It reported 16 employees.