Women of Sugarmill Woods Inc

Analysis

Women of Sugarmill Woods Inc is a registered charity in United States, based in Homosassa, FL. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 2024, Women of Sugarmill Woods Inc reported income of $54k and spending of $63k, spending 117% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $110k to $54k (-51%), an average of -51% a year. The sharpest change came in the year to May 2024, when income dropped by 51%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women of Sugarmill Woods Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Pilot Club International ($54k), Louisiana Health Care Alliance Inc ($54k) and Lake Charlevoix Association ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 113% of the total. At year end it held assets of $300k against liabilities of $183, net assets of $300k.