The Womans Exchange

Analysis

The Womans Exchange is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1937, 89 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, The Womans Exchange reported income of $775k and spending of $951k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $545k to $775k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 116%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Womans Exchange sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Childrens Museum of Southeastern Connecticut Inc ($775k), National Society of the Colonial Dames of Amer in the State of NC ($775k) and Open Environmental Data Inc ($775k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 23% of the total. Other salaries and wages came to $509k. At year end it held assets of $7.9m against liabilities of $23k, net assets of $7.9m. It reported 28 employees.