GFWC Hollywood Womens Club Inc

Analysis

GFWC Hollywood Womens Club Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in June 2000, 26 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 (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, GFWC Hollywood Womens Club Inc reported income of $62k and spending of $39k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $62k (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income rose by 320%. Over the whole period it spent 27% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GFWC Hollywood Womens Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Group Relations International ($62k), The Educational Advocates Reaching Todays Hardworking Students Inc ($62k) and Colonial Beach Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $1.5m against liabilities of $3,707, net assets of $1.5m.