Womens Fund of Miami-Dade Inc

Analysis

Womens Fund of Miami-Dade Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Womens Fund of Miami-Dade Inc reported income of $723k and spending of $750k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $832k to $723k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womens Fund of Miami-Dade Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Northwood Technical College Foundation Inc ($723k), J H Floyd Sunshine Village Inc ($724k) and U S Croquet Association ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $115k (15% of expenses). Other salaries and wages came to $267k. At year end it held assets of $1.3m against liabilities of $67k, net assets of $1.2m. It reported 6 employees.