Des Moines Womens Club Hoyt Sherman Place

Analysis

Des Moines Womens Club Hoyt Sherman Place is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1938, 88 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Des Moines Womens Club Hoyt Sherman Place reported income of $158k and spending of $132k, spending 83% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $164k to $158k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to May 2022, when income rose by 96%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Des Moines Womens Club Hoyt Sherman Place sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include National Ambucs Inc ($158k), Roseburg Playschool Cooperative Inc ($158k) and Little League Baseball Inc ($158k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 20% and program service revenue 16% of the total. Other salaries and wages came to $31k. At year end it held assets of $2.1m against liabilities of $1,334, net assets of $2.0m. It reported 1 employees.