Womans Educational Aid Association

Analysis

Womans Educational Aid Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Womans Educational Aid Association reported income of $167k and spending of $232k, spending 139% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $220k to $167k (-24%), an average of -6.7% a year. The sharpest change came in the year to August 2021, when income rose by 93%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Womans Educational Aid Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Derry Friendship Center Inc ($167k), Somers High School Sports Booster Club Inc ($167k) and Ke Kula O Hoomakuapono ($167k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.