Womxn of Wealth Foundation Inc

Analysis

Womxn of Wealth Foundation Inc is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Womxn of Wealth Foundation Inc reported income of $60k and spending of $71k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $60k (+12%), an average of +12% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womxn of Wealth Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Americas Food Bank ($60k), First Judicial District Adr Corporation ($60k) and Matthew 25 AIDS Services Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.0% of the total. At year end it held assets of $24k against liabilities of $2,921, net assets of $21k.