Womensafe Inc
Analysis
Womensafe Inc is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 2023, Womensafe Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womensafe Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Snohomish Community Food Bank ($2.2m), The Paramount Foundation ($2.2m) and J Wood Platt Caddie Scholarship Trust ($2.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $83k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.5m against liabilities of $396k, net assets of $4.1m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Snohomish Community Food Bank | Snohomish | $2.2m |
| The Paramount Foundation | Bristol | $2.2m |
| J Wood Platt Caddie Scholarship Trust | Broomall | $2.2m |
| Des Moines Jewish Welfare Foundation | Waukee | $2.2m |