Flower Mound Women in Business

Analysis

Flower Mound Women in Business is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in November 2023, 3 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, Flower Mound Women in Business reported income of $67k and spending of $71k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $4,369 to $67k (+1437%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flower Mound Women in Business sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include New City Cleveland ($67k), Village Green Foundation ($67k) and Downtown Taos ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 14% of the total. At year end it held assets of $1,668 against liabilities of $1,330, net assets of $338.