Women Business Collaborative

Analysis

Women Business Collaborative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Women Business Collaborative reported income of $1.8m and spending of $2.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $1.8m (+222%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women Business Collaborative sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Operating Engineers Nationalcharity Fund ($1.8m), Thornton Township Foundation Inc ($1.8m) and Community Personnel Services Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $295k (14% of expenses). Other salaries and wages came to $665k. At year end it held assets of $1.6m against liabilities of $126k, net assets of $1.5m. It reported 9 employees.