The Billionaire Womens Club Charity

Analysis

The Billionaire Womens Club Charity is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Billionaire Womens Club Charity reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $228k to $1.9m (+740%), an average of +103% a year. The sharpest change came in the year to December 2021, when income rose by 485%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Billionaire Womens Club Charity sits at the 83rd percentile: it is larger than about 82% 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 Park Foundation Inc ($1.9m), New Path Inc ($1.9m) and Move Stanislaus Transportation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $557k (29% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.