Womanade Inc

Analysis

Womanade Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in May 2005, 21 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, Womanade Inc reported income of $96k and spending of $53k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $96k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womanade Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Vernon County Ag Foundation ($96k), Cerebral Palsy Group Living Inc ($96k) and Newport-Mesa Spirit Run Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.