Womens Foundation of North Carolina

Analysis

Womens Foundation of North Carolina is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 2003, 23 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, Womens Foundation of North Carolina reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1,922 to $1.1m (+57634%), an average of +390% a year. The sharpest change came in the year to December 2023, when income rose by 10448%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Womens Foundation of North Carolina sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Disc Village Foundation Inc ($1.1m), Indygive ($1.1m) and Friends of Volunteers in Medicine Clinic Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $53k against liabilities of $0, net assets of $53k.