Womens Fund of Greater Chattanooga

Analysis

Womens Fund of Greater Chattanooga is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Womens Fund of Greater Chattanooga reported income of $242k and spending of $276k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $242k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Womens Fund of Greater Chattanooga sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Erasmus Neighborhood Federation Inc ($242k), Indy Hub Foundation Inc ($242k) and Friends of the North Castle Public Library Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $43k (16% of expenses). Other salaries and wages came to $114k. At year end it held assets of $640k against liabilities of $4,665, net assets of $635k. It reported 5 employees.