Womens Center of Wake County Inc

Analysis

Womens Center of Wake County Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 1978, 48 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 December 2023, Womens Center of Wake County Inc reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $634k to $1.2m (+88%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womens Center of Wake County Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Boulder Day Nursery ($1.2m), Share-A-Home Inc ($1.2m) and Weaverland Financial Aid of Newyork ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $51k (4.6% of expenses). Other salaries and wages came to $536k. At year end it held assets of $3.2m against liabilities of $2.2m, net assets of $994k. It reported 23 employees.