Professional Businesswomen of California

Analysis

Professional Businesswomen of California is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1994, 32 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 June 2023, Professional Businesswomen of California reported income of $927k and spending of $1.5m, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $927k (-71%), an average of -27% a year. The sharpest change came in the year to June 2021, when income rose by 8142%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Professional Businesswomen of California sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Healing House Inc ($926k), L-Life Food Pantry ($927k) and KC Common Good Inc ($926k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $315k (21% of expenses). Other salaries and wages came to $62k. At year end it held assets of $1.3m against liabilities of $188k, net assets of $1.1m. It reported 3 employees.