Womens City Club of Laredo

Analysis

Womens City Club of Laredo is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 December 2023, Womens City Club of Laredo reported income of $188k and spending of $178k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $188k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womens City Club of Laredo sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include National Montford Point Marine Asso Ciation Inc ($188k), Historic Nashville Inc ($188k) and Norwalk Parochial School Charitable Trust ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.