A Wealth of Women

Analysis

A Wealth of Women is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, A Wealth of Women reported income of $111k and spending of $104k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $111k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Wealth of Women sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Leavenworth Mission Inc ($111k), Set Free Inc ($111k) and Operation Heart Felt Foundation LLC ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $88k against liabilities of $33k, net assets of $55k.