Washington Area Womens Foundation Inc

Analysis

Washington Area Womens Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1997, 29 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 June 2023, Washington Area Womens Foundation Inc reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $1.5m (-47%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 46%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington Area Womens Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Thurgood Marshall Child Development Center Inc ($1.5m), Steelbridge Ministries ($1.5m) and Apopo US Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $179k (10% of expenses). Other salaries and wages came to $491k. At year end it held assets of $958k against liabilities of $124k, net assets of $834k. It reported 9 employees.