Ivy Womens Center Inc

Analysis

Ivy Womens Center Inc is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ivy Womens Center Inc reported income of $439k and spending of $509k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $557k to $439k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ivy Womens Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include North-Northeast Business ($439k), Renew Mobility ($439k) and Family Voices Colorado Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $52k (10% of expenses). Other salaries and wages came to $204k. At year end it held assets of $166k against liabilities of $0, net assets of $166k. It reported 20 employees.