Women Marines Association

Analysis

Women Marines Association is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 2023, Women Marines Association reported income of $146k and spending of $350k, spending 240% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $181k to $146k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 128%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women Marines Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Public Library of Catasauqua ($146k), St Luke Free Clinic of Hopkinsville Inc ($146k) and Consortium for Waste to Syngas Circularity Inc ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $2.4m against liabilities of $14k, net assets of $2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.