International Black Womens Congress Inc

Analysis

International Black Womens Congress Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, International Black Womens Congress Inc reported income of $410k and spending of $457k, spending 111% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $579k to $410k (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Black Womens Congress Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include The Helping Hand ($410k), Habitat for Humanity International Inc ($410k) and Effective Counseling Solutions ($410k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $219k (48% of expenses). At year end it held assets of $98k against liabilities of $30k, net assets of $68k. It reported 15 employees.