Black Women Lawyers Association Scholarship Fund

Analysis

Black Women Lawyers Association Scholarship Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, Black Women Lawyers Association Scholarship Fund reported income of $72k and spending of $35k, leaving 51% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $60k to $72k (+19%), an average of +4.5% a year. The sharpest change came in the year to May 2022, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Black Women Lawyers Association Scholarship Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Swenson House Historical Society ($72k), Avery Chapel Community Development Corporation ($72k) and Heavenearth Spaces Inc ($72k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.