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The Womens Center Inc

RegisteredEIN 56-1271474Chapel Hill, NCOther charitable purposes
Income$1.5m2023-06
Spending$1.7msame year
Spent / received88%5-year average
Size in its cause82nd pctOther charitable purposes
Exempt since1981Publicly supported organisat
Employees39latest return

Analysis

The Womens Center Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, The Womens Center Inc reported income of $1.5m and spending of $1.7m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 95%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Womens Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.5m), Mt Olive Child Care & Learning Center ($1.5m) and The Scribe Video Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $111k (6.3% of expenses). Other salaries and wages came to $749k. At year end it held assets of $2.3m against liabilities of $52k, net assets of $2.3m. It reported 39 employees.

Income and spending

$0$573k$1.1m$1.7m$2.3m2019 Income: $1,125,3582019 Spending: $1,051,91520192020 Income: $2,189,7372020 Spending: $1,428,43320202021 Income: $2,292,7122021 Spending: $1,813,50320212022 Income: $1,921,3532022 Spending: $1,900,90120222023 Income: $1,473,6912023 Spending: $1,748,3292023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 3.6%

Similar-sized charities, same cause

CharityLocationIncome
Habitat for Humanity International IncPanama City$1.5m
Mt Olive Child Care & Learning CenterBudd Lake$1.5m
The Scribe Video Center IncPhiladelphia$1.5m
BMCC Early Childhood CenterNew York$1.5m