Xcelerate Women

Analysis

Xcelerate Women is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Xcelerate Women reported income of $326k and spending of $431k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $326k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Xcelerate Women sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Metro Community Development Corporation ($326k), Ujf Holdings Corp ($326k) and The Junior League of Durham and Orange Counties Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $94k (22% of expenses). Other salaries and wages came to $94k. At year end it held assets of $142k against liabilities of $292, net assets of $141k. It reported 3 employees.