Northwood Womans Club Charitable Fund

Analysis

Northwood Womans Club Charitable Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1974, 52 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 May 2024, Northwood Womans Club Charitable Fund reported income of $230k and spending of $246k, spending 107% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $229k to $230k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to May 2024, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwood Womans Club Charitable Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Georgia Head Start Directors ($230k), Parkville Community Development Corporation ($230k) and House of Compassion ($230k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.