Resources for Women Inc

Analysis

Resources for Women Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Resources for Women Inc reported income of $310k and spending of $321k, spending 103% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $211k to $310k (+47%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 72%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resources for Women Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include City of Refuge Calhoun Inc ($310k), Grace Extended Ministries Inc ($310k) and Tricklebee Cafe ($310k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $71k (22% of expenses). Other salaries and wages came to $101k. At year end it held assets of $383k against liabilities of $0, net assets of $383k. It reported 5 employees.