Tuckahoe Womans Club

Analysis

Tuckahoe Womans Club is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Tuckahoe Womans Club reported income of $898k and spending of $846k, spending 94% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $718k to $898k (+25%), an average of +5.8% a year. The sharpest change came in the year to May 2024, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tuckahoe Womans Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Be the Bridge ($898k), Society of Family Planning ($899k) and Mid Hudson Workshop for the Disabled Inc ($898k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 50% and program service revenue 43% of the total. Other salaries and wages came to $213k. At year end it held assets of $2.0m against liabilities of $517k, net assets of $1.4m. It reported 11 employees.