Foundation for Black Womens Wellness

Analysis

Foundation for Black Womens Wellness is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Foundation for Black Womens Wellness reported income of $3.1m and spending of $2.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $3.1m (+487%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 171%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Black Womens Wellness sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include De Novo Center for Justice and Healing Inc ($3.1m), Helpline of Delaware & Morrow Counties Inc ($3.1m) and Capital Link Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $289k (9.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $284k, net assets of $2.0m. It reported 18 employees.