Ms Foundation for Women Inc

Analysis

Ms Foundation for Women Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Ms Foundation for Women Inc reported income of $12.2m and spending of $15.2m, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.2m to $12.2m (+194%), an average of +43% a year. The sharpest change came in the year to June 2021, when income rose by 518%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ms Foundation for Women Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Immigrant Justice Corps Inc ($12.2m), Project Harmony-Haven for Abuse Response Members Serving Our ($12.2m) and Legal Aid Society of Northeastern New York Inc ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $1.3m (8.3% of expenses). Other salaries and wages came to $1.9m. It paid $254k in professional fundraising fees. At year end it held assets of $72.0m against liabilities of $13.1m, net assets of $58.9m. It reported 29 employees.