Waxhaw Womans Club Inc

Analysis

Waxhaw Womans Club Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in February 1975, 51 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 August 2023, Waxhaw Womans Club Inc reported income of $89k and spending of $66k, leaving 26% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $75k to $89k (+18%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waxhaw Womans Club Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Friends of the Ridgefield Library and Historical Association Inc ($89k), Little League Baseball Inc ($89k) and San Dieguito Heritage Museum ($89k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $415k against liabilities of $4,045, net assets of $411k.