Riverside Womans Club of Jacksonville

Analysis

Riverside Womans Club of Jacksonville is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1980, 46 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 2023, Riverside Womans Club of Jacksonville reported income of $60k and spending of $16k, leaving 74% of income unspent that year. Across the 3 years on record, from May 2020 to May 2023, income grew from $22k to $60k (+167%), an average of +63% a year. The sharpest change came in the year to May 2023, when income rose by 91%. Over the whole period it spent 47% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Riverside Womans Club of Jacksonville sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Downtown Findlay Improvement District Inc ($60k), Junior League of Rockford Inc ($60k) and Junior League of Monmouth Cty Inc ($60k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $274k against liabilities of $434, net assets of $274k.