Center for Women & Enterprises Inc

Analysis

Center for Women & Enterprises Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Center for Women & Enterprises Inc reported income of $4.4m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Women & Enterprises Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Partners for Progress ($4.4m), Northern California Construction & Training Inc ($4.4m) and The Work Family Connection Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $250k (6.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $582k. It reported 33 employees.