Boston Womens Fund Inc

Analysis

Boston Womens Fund Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Boston Womens Fund Inc reported income of $2.4m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $458k to $2.4m (+417%), an average of +51% a year. The sharpest change came in the year to June 2021, when income rose by 321%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boston Womens Fund Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include First Look for Charity Foundation ($2.4m), Lincoln Land Community College Foundation ($2.4m) and River Region United Way ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $213k (14% of expenses). Other salaries and wages came to $321k. At year end it held assets of $3.9m against liabilities of $131k, net assets of $3.7m. It reported 12 employees.