Womens Circle Inc

Analysis

Womens Circle Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Womens Circle Inc reported income of $131k and spending of $227k, spending 174% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $324k to $131k (-60%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Womens Circle Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Lovesick Ministries Inc ($131k), Seashore Mission ($131k) and Novel Approach Ministries Inc ($131k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (47% of expenses). At year end it held assets of $1.2m against liabilities of $100k, net assets of $1.1m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.