Black Women for Wellness

Analysis

Black Women for Wellness is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Black Women for Wellness reported income of $6.6m and spending of $3.2m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $6.6m (+394%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Black Women for Wellness sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include McCloud Healthcare Clinic Inc ($6.6m), Exceptional Opportunities Inc ($6.6m) and Alliance for Community Transformations ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $112k (3.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.4m against liabilities of $141k, net assets of $9.3m. It reported 56 employees.