Women Religious Archives Collaborative

Analysis

Women Religious Archives Collaborative is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2024, Women Religious Archives Collaborative reported income of $8.7m and spending of $324k, leaving 96% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $961k to $8.7m (+802%), an average of +802% a year. The sharpest change came in the year to June 2024, when income rose by 802%. Over the whole period it spent 4.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women Religious Archives Collaborative sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Mount Carmel Care Center Inc ($8.7m), Fund for Medical Research and Education ($8.7m) and Community Care Connections Inc ($8.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (23% of expenses). Other salaries and wages came to $51k. It paid $92k in professional fundraising fees. At year end it held assets of $11.7m against liabilities of $164k, net assets of $11.5m.