New England Women in Energy and the Environment Inc

Analysis

New England Women in Energy and the Environment Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New England Women in Energy and the Environment Inc reported income of $234k and spending of $203k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $234k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New England Women in Energy and the Environment Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include 3c Capital Fund Inc ($233k), South Shore District Management Association ($234k) and Music City Construction Careers Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% and program service revenue 32% of the total. At year end it held assets of $288k against liabilities of $72k, net assets of $216k.