Society of Women Engineers Endowment Fund Inc

Analysis

Society of Women Engineers Endowment Fund Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2023, Society of Women Engineers Endowment Fund Inc reported income of $777k and spending of $650k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $471k to $777k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 131%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Society of Women Engineers Endowment Fund Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Alamance Dream Center Inc ($777k), Wooden It Be Lovely ($777k) and New Dimensions ($777k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $14.0m against liabilities of $377k, net assets of $13.7m.