Womans Club

Analysis

Womans Club is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 2014, 12 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 April 2023, Womans Club reported income of $775k and spending of $645k, spending 83% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $658k to $775k (+18%), an average of +4.2% a year. The sharpest change came in the year to April 2023, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womans Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Gracealaska ($775k), Washington State Association of Future Farmers of America ($776k) and South Central Region Workforce Investment Board ($775k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 32% and program service revenue 48% of the total. Other salaries and wages came to $257k. At year end it held assets of $955k against liabilities of $135k, net assets of $820k. It reported 12 employees.