GFWC Naples Womans Club Inc

Analysis

GFWC Naples Womans Club Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 1951, 75 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 June 2023, GFWC Naples Womans Club Inc reported income of $394k and spending of $723k, spending 184% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $394k (-64%), an average of -29% a year. The sharpest change came in the year to June 2021, when income dropped by 49%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GFWC Naples Womans Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Womens Mentoring Network Inc ($393k), Greater Grove Hall Main Streetscorp ($394k) and Rotary Club of Sacramento Foundation ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $34k. At year end it held assets of $3.0m against liabilities of $30k, net assets of $2.9m. It reported 4 employees.