Lexington Womans Club Inc
Analysis
Lexington Womans Club Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 1989, 37 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 May 2022, Lexington Womans Club Inc reported income of $197k and spending of $238k, spending 121% of what it took in. Across the 3 years on record, from May 2020 to May 2022, income fell from $287k to $197k (-31%), an average of -17% a year. The sharpest change came in the year to May 2022, when income rose by 451%. Over the whole period it spent 44% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lexington Womans Club Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Border Partners ($197k), Sme Preservation Fund ($197k) and Kensington Home Charitable Foundation ($197k).
On its Form 990 for the period ending May 2022, revenue came from contributions and grants 43% of the total. At year end it held assets of $451k against liabilities of $0, net assets of $451k.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Other 57%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Border Partners | Deming | $197k |
| Sme Preservation Fund | Signal MTN | $197k |
| Kensington Home Charitable Foundation | Kensington | $197k |
| Taste for the Homeless | Riverdale | $197k |