Richardson Womans Club Charitable Foundation

Analysis

Richardson Womans Club Charitable Foundation is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in January 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 May 2023, Richardson Womans Club Charitable Foundation reported income of $198k and spending of $182k, spending 92% of its income. Across the 3 years on record, from May 2019 to May 2023, income grew from $90k to $198k (+119%), an average of +48% a year. The sharpest change came in the year to May 2022, when income rose by 116%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richardson Womans Club Charitable Foundation 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 54th percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Senior Services Solutions Plus ($198k), Mahtomedi Youth Baseball Inc ($198k) and Licking Senior Citizens Housing Inc ($198k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $53k. At year end it held assets of $368k against liabilities of $8,108, net assets of $360k. It reported 2 employees.