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Credit Union Womens Leadership Alliance Inc

RegisteredEIN 85-4254174Fort Worth, TXCommunity and economic development
Income$285k2023-12
Spending$206ksame year
Spent / received59%2-year average
Size in its cause58th pctCommunity and economic development
Exempt since2022Publicly supported organisat
Employees0latest return

Analysis

Credit Union Womens Leadership Alliance Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2022, 4 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, Credit Union Womens Leadership Alliance Inc reported income of $285k and spending of $206k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $285k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Credit Union Womens Leadership Alliance Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include North Capital Main Street ($285k), Fuerza Unida ($286k) and J Jireh Development Corporation ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $337k against liabilities of $8,972, net assets of $328k.

Income and spending

$0$71k$143k$214k$285k2022 Income: $177,5772022 Spending: $66,41620222023 Income: $285,4292023 Spending: $205,9472023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 33%
  • Other 1.0%

Similar-sized charities, same cause

CharityLocationIncome
North Capital Main StreetWashington$285k
Fuerza UnidaSan Antonio$286k
J Jireh Development CorporationColumbus$285k
Asian American Chamber of Commerce of Greater Philadelphia FoundationPhiladelphia$286k