Aid for Women Inc

Analysis

Aid for Women Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Aid for Women Inc reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.6m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid for Women Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Liberty Lutheran Foundation ($2.6m), Pacific Gateway Center ($2.6m) and M a G B Transportation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $102k (4.2% of expenses). Other salaries and wages came to $976k. At year end it held assets of $2.6m against liabilities of $395k, net assets of $2.2m. It reported 38 employees.