Womensource Inc

Analysis

Womensource Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Womensource Inc reported income of $136k and spending of $109k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $136k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womensource Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Horsespeak Center for Personal Development Inc ($136k), Atheist Republic ($136k) and Harbor Centers Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $60k (55% of expenses). At year end it held assets of $169k against liabilities of $1,970, net assets of $167k. It reported 1 employees.