Network of Enlightened Women Inc

Analysis

Network of Enlightened Women Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Network of Enlightened Women Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $703k to $1.1m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Network of Enlightened Women Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Dream Volunteers ($1.1m), California Asian Pacific Chamber of Commerce Foundation ($1.1m) and Nur Al-Huda Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $150k (14% of expenses). Other salaries and wages came to $375k. At year end it held assets of $1.1m against liabilities of $44k, net assets of $1.1m. It reported 12 employees.