Womens Civic Club of Panama City Beach Inc

Analysis

Womens Civic Club of Panama City Beach Inc is a registered charity in United States, based in P C Beach, FL. It received its IRS tax-exemption ruling in December 2009, 17 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 April 2023, Womens Civic Club of Panama City Beach Inc reported income of $197k and spending of $208k, spending 105% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $40k to $197k (+389%), an average of +389% a year. The sharpest change came in the year to April 2023, when income rose by 389%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womens Civic Club of Panama City Beach Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include South Fork Arts and Recreation Company ($197k), Levy Giving Fund Inc ($198k) and Wild Terra Foundation ($197k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $43k against liabilities of $1,426, net assets of $41k.