Womens Club Foundation Inc

Analysis

Womens Club Foundation Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Womens Club Foundation Inc reported income of $342k and spending of $237k, leaving 31% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $229k to $342k (+49%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 318%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womens Club Foundation Inc 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 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include United by Culture Media Inc ($342k), Northampton Center for the Arts Inc ($342k) and National Society of the Daughters of the American Revolution ($342k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $18k (7.6% of expenses). Other salaries and wages came to $8,619. At year end it held assets of $494k against liabilities of $4,253, net assets of $489k. It reported 2 employees.