Womens Fund of Smith County

Analysis

Womens Fund of Smith County is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Womens Fund of Smith County reported income of $562k and spending of $678k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $490k to $562k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 179%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Womens Fund of Smith County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Princeton-In-Africa ($562k), Celebrity Foundation for Children ($562k) and Reserve Connection ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $82k (12% of expenses). Other salaries and wages came to $38k. At year end it held assets of $1.2m against liabilities of $415k, net assets of $797k. It reported 2 employees.