Womans Club of Hollywood

Analysis

Womans Club of Hollywood is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Hollywood reported income of $154k and spending of $340k, spending 221% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $242k to $154k (-37%), an average of -14% a year. The sharpest change came in the year to May 2022, when income dropped by 33%. Over the whole period it spent 625% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womans Club of Hollywood sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Detroit Performing Artists Inc ($154k), Museum of the Arkansas Grand Prairie Inc ($154k) and Assisi Performing Arts Inc ($154k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 9.4% of the total. At year end it held assets of $166k against liabilities of $5.2m, net assets of -$5.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.