Womens Club of Newburgh Inc

Analysis

Womens Club of Newburgh Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in September 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Womens Club of Newburgh Inc reported income of $53k and spending of $58k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $32k to $53k (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womens Club of Newburgh Inc 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 21st percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Westchester Streetscape Improvement Association Inc ($53k), Grow Dubois County Inc ($53k) and Midwest Association of Prelaw Advisors Inc ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 41% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.