Witness Inc
Analysis
Witness Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Witness Inc reported income of $8.7m and spending of $6.4m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $8.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 68% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Witness Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Dalberg Catalyst ($8.7m), Insulin for Life USA Inc ($8.7m) and Good Neighbors USA ($8.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $387k (6.0% of expenses). Other salaries and wages came to $3.2m. It paid $112k in professional fundraising fees. At year end it held assets of $15.1m against liabilities of $1.1m, net assets of $14.0m. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.1%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dalberg Catalyst | Washington | $8.7m |
| Insulin for Life USA Inc | Gainesville | $8.7m |
| Good Neighbors USA | Tustin | $8.7m |
| Strongminds Inc | Maplewood | $8.7m |