Women Employed

Analysis

Women Employed is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1978, 48 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 June 2024, Women Employed reported income of $3.9m and spending of $3.4m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $3.9m (+85%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women Employed sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Bac Funding Corporation ($3.9m), Nacdc Financial Services Inc ($3.9m) and Great Plains Enterprises Inc ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $382k (11% of expenses). Other salaries and wages came to $1.7m. It paid $60k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $137k, net assets of $2.1m. It reported 36 employees.