North Central Texas Womens Business Development Council Inc

Analysis

North Central Texas Womens Business Development Council Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, North Central Texas Womens Business Development Council Inc reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, North Central Texas Womens Business Development Council Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Alabama Judicial Advocacy Inc ($2.0m), Disability Network ($2.0m) and International Association for Identification ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $207k (12% of expenses). Other salaries and wages came to $563k. At year end it held assets of $2.7m against liabilities of $1.3m, net assets of $1.4m. It reported 13 employees.