Womans Club of Olympia

Analysis

Womans Club of Olympia is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in April 1967, 59 years ago. Its declared purposes cover community improvement and capacity building, 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 May 2024, Womans Club of Olympia reported income of $80k and spending of $86k, spending 108% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $94k to $80k (-15%), an average of -15% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womans Club of Olympia sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Brett Works Inc ($80k), New York State Cdfi Coalition Inc ($80k) and DC Strong ($80k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 21% and program service revenue 76% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.