Women in Bio Inc

Analysis

Women in Bio Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Women in Bio Inc reported income of $1.3m and spending of $1.5m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $813k to $1.3m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Women in Bio Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Project Exploration ($1.3m), Five Points Center for the Visual Arts Inc ($1.3m) and Aspenfilm ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $184k (12% of expenses). Other salaries and wages came to $383k. At year end it held assets of $1.1m against liabilities of $469k, net assets of $654k. It reported 10 employees.