Women of Color Automotive Network Inc

Analysis

Women of Color Automotive Network Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 of Color Automotive Network Inc reported income of $60k and spending of $85k, spending 142% of what it took in. Across the 2 years on record, from December 2020 to December 2023, income grew from $100 to $60k (+60019%), an average of +60019% a year. The sharpest change came in the year to December 2023, when income rose by 60019%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Women of Color Automotive Network Inc 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 24th percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Oxford Music Boosters ($60k), Kapex Incorporated ($60k) and In Character School of Ministry ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.