Women Business Leaders of the U S Health Care Industry Foundation

Analysis

Women Business Leaders of the U S Health Care Industry Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Women Business Leaders of the U S Health Care Industry Foundation reported income of $2.8m and spending of $2.7m, spending 99% of its income. Across the 6 years on record, from March 2019 to December 2023, income grew from $1.8m to $2.8m (+59%), an average of +9.7% a year. The sharpest change came in the year to March 2022, when income rose by 87%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women Business Leaders of the U S Health Care Industry Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include New Orleans Bioinnovation Center Inc ($2.8m), Dev Color ($2.8m) and Hui Malama I Ke Ala Ulili ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $227k (8.3% of expenses). Other salaries and wages came to $653k. At year end it held assets of $2.7m against liabilities of $504k, net assets of $2.2m. It reported 9 employees.