Women in Need Inc

Analysis

Women in Need Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Women in Need Inc reported income of $149.3m and spending of $146.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.2m to $149.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Women in Need Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include South Middlesex Opportunity Council Inc ($149.1m), Delivering Good Inc ($149.9m) and Willow Valley Communities ($149.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $2.0m (1.4% of expenses). Other salaries and wages came to $33.4m. At year end it held assets of $503.3m against liabilities of $473.1m, net assets of $30.1m. It reported 1,100 employees.