Women of Renewable Industries and Sustainable Energy

Analysis

Women of Renewable Industries and Sustainable Energy is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Women of Renewable Industries and Sustainable Energy reported income of $1.1m and spending of $836k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $457k to $1.1m (+131%), an average of +23% a year. The sharpest change came in the year to December 2019, when income rose by 52%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Women of Renewable Industries and Sustainable Energy 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 76th percentile within NY. Charities of a similar size with the same main cause include Docs for Tots ($1.1m), Community Renewal of Pottawatomie County Inc ($1.1m) and Minnesota Social Service Association ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $208k (25% of expenses). Other salaries and wages came to $207k. At year end it held assets of $1.0m against liabilities of $105k, net assets of $902k. It reported 7 employees.