Womens Venture Fund Inc

Analysis

Womens Venture Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, 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, Womens Venture Fund Inc reported income of $154k and spending of $232k, spending 151% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $246k to $154k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. 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, Womens Venture Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Baraka Services ($154k), Tranzed Apprenticeship Ventures Inc ($154k) and Missional Chaplains Incorporated ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $127k (55% of expenses). Other salaries and wages came to $37k. At year end it held assets of $164k against liabilities of $500, net assets of $163k. It reported 2 employees.