Women in Cable Telecommunications

Analysis

Women in Cable Telecommunications is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, 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 in Cable Telecommunications reported income of $7.1m and spending of $6.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $7.1m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women in Cable Telecommunications 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 Northwest Indiana Forum Foundation ($7.1m), Klamath-Lake Community Action Services ($7.1m) and South Central Kansas Economic Development District Inc Sckedd ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.6m (24% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $17.4m against liabilities of $2.4m, net assets of $15.0m. It reported 20 employees.