Womans Club of Raleigh Inc

Analysis

Womans Club of Raleigh Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 1959, 67 years ago. 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 2023, Womans Club of Raleigh Inc reported income of $145k and spending of $306k, spending 211% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $410k to $145k (-65%), an average of -23% a year. The sharpest change came in the year to May 2021, when income rose by 82%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womans Club of Raleigh Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Washington State Department of Transportation Memorial Foundation ($145k), Jobs Daughters International ($145k) and Hospital Auxiliary of the Los Alamos Medical Center Inc ($145k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 34% of the total. At year end it held assets of $1.3m against liabilities of $31k, net assets of $1.3m.