Womcy Corp

Analysis

Womcy Corp is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in July 2020, 6 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, Womcy Corp reported income of $302k and spending of $184k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $302k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womcy Corp sits at the 59th percentile: it is larger than about 59% 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 Downtown Rutland Partnership Inc ($302k), Warriors Ethos Inc ($302k) and United States Postgresql Association ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $231k against liabilities of $4,672, net assets of $227k.