Greater Womens Business Council Inc

Analysis

Greater Womens Business Council Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Greater Womens Business Council Inc reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+10%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Womens Business Council Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Waianae Economic Development Council ($1.4m), Northern Manhattan Coalition for Immigrants Rights ($1.4m) and Divinc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $184k (12% of expenses). Other salaries and wages came to $361k. At year end it held assets of $810k against liabilities of $93k, net assets of $717k. It reported 9 employees.