50 50 Women on Boards Inc

Analysis

50 50 Women on Boards Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, 50 50 Women on Boards Inc reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.6m (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, 50 50 Women on Boards Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Freedom Ranch Inc ($1.6m), Family Justice Center of Central Louisiana Inc ($1.6m) and Multicultural Media Telecom and Internet Council ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $396k (26% of expenses). Other salaries and wages came to $329k. At year end it held assets of $2.0m against liabilities of $111k, net assets of $1.9m. It reported 7 employees.