Women of Wine Charities Inc

Analysis

Women of Wine Charities Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Women of Wine Charities Inc reported income of $125k and spending of $106k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $125k (+105%), an average of +105% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Women of Wine Charities Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Pinnacle Presbyterian Church Foundation Fund ($124k), Beehive Angels Foundation Inc ($125k) and Wear a Big Smile Foundation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.