GFWC Womans Club of Panama City Fla Inc

Analysis

GFWC Womans Club of Panama City Fla Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in July 2008, 18 years ago. 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 May 2024, GFWC Womans Club of Panama City Fla Inc reported income of $76k and spending of $57k, leaving 26% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income grew from $63k to $76k (+21%), an average of +9.9% a year. The sharpest change came in the year to May 2024, when income rose by 35%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, GFWC Womans Club of Panama City Fla Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Warrior Music Foundation Inc ($76k), American Opera Society of Chicago - National - ($76k) and Road Runners Club of America ($76k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $242k against liabilities of $72k, net assets of $170k.