Northwest Federated Womans Club Senior Daycare & Alzheimers Center

Analysis

Northwest Federated Womans Club Senior Daycare & Alzheimers Center is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 1971, 55 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 December 2022, Northwest Federated Womans Club Senior Daycare & Alzheimers Center reported income of $655k and spending of $916k, spending 140% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $532k to $655k (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwest Federated Womans Club Senior Daycare & Alzheimers Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Innovative Concepts Inc ($654k), Southwest Central Idaho Sheet Metal ($655k) and Vermont Center for Emerging Technologies Inc ($654k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $332k. At year end it held assets of $1.3m against liabilities of $509k, net assets of $789k.

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.