Women Giving Back Inc

Analysis

Women Giving Back Inc is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Women Giving Back Inc reported income of $7.2m and spending of $6.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $7.2m (+220%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women Giving Back Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Kenosha Area Business Alliance Foundation Inc ($7.2m), Illinois Laborers & Contractors Training Trust Fund ($7.2m) and Lean Enterprise Institute Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $114k (1.7% of expenses). Other salaries and wages came to $303k. At year end it held assets of $4.4m against liabilities of $1.8m, net assets of $2.6m. It reported 10 employees.