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Women Resource Center of Manatee Inc

RegisteredEIN 59-3034653Bradenton, FLPoverty relief
Income$2.0m2023-12
Spending$1.7msame year
Spent / received94%5-year average
Size in its cause83rd pctPoverty relief
Exempt since1991Publicly supported organisat
Employees23latest return

Analysis

Women Resource Center of Manatee Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Women Resource Center of Manatee Inc reported income of $2.0m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Women Resource Center of Manatee Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Christies Place Inc ($2.0m), Young Womens Christian Association of Elgin Ill ($2.0m) and Hope and Life Outreach Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $113k (6.5% of expenses). Other salaries and wages came to $767k. At year end it held assets of $2.9m against liabilities of $134k, net assets of $2.8m. It reported 23 employees.

Income and spending

$0$496k$992k$1.5m$2.0m2019 Income: $1,498,4912019 Spending: $1,098,00920192020 Income: $1,175,1692020 Spending: $1,295,70020202021 Income: $1,392,9372021 Spending: $1,341,78920212022 Income: $1,543,7172022 Spending: $1,632,44220222023 Income: $1,983,7632023 Spending: $1,746,6352023
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 11%
  • Other 4.8%

Similar-sized charities, same cause

CharityLocationIncome
Christies Place IncSan Diego$2.0m
Young Womens Christian Association of Elgin IllElgin$2.0m
Hope and Life Outreach IncSalisbury$2.0m
Holbrook Community CenterLehi$2.0m