Womens Development Center Inc
Analysis
Womens Development Center Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Womens Development Center Inc reported income of $1.9m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.9m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 103% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Womens Development Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include The Equal Rights Center ($1.9m), Ecumenical Shelter Network of Lake County Inc ($1.9m) and Community Land Trust Association of West Marin ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $250k (12% of expenses). Other salaries and wages came to $190k. At year end it held assets of $3.3m against liabilities of $247k, net assets of $3.1m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 60%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Equal Rights Center | Washington | $1.9m |
| Ecumenical Shelter Network of Lake County Inc | Painesville | $1.9m |
| Community Land Trust Association of West Marin | Pt Reyes Sta | $1.9m |
| Housing for Homeless Inc | Cocoa | $1.9m |