Women Moving Millions Inc

Analysis

Women Moving Millions Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Moving Millions Inc reported income of $4.3m and spending of $4.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.3m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 424%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Women Moving Millions Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Kitchen Inc ($4.3m), Burlington Community Action Partnership Inc ($4.3m) and Selfless Love Foundation Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $235k (5.3% of expenses). Other salaries and wages came to $649k. At year end it held assets of $2.0m against liabilities of $616k, net assets of $1.4m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.