Women for Economic and Leadership Development

Analysis

Women for Economic and Leadership Development is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Women for Economic and Leadership Development reported income of $751k and spending of $687k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $751k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women for Economic and Leadership Development sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Southern Arizona Preschool Foundation ($751k), Habitat for Humanity International Inc ($751k) and Indiana Elks Charities Inc ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $142k (21% of expenses). Other salaries and wages came to $126k. At year end it held assets of $657k against liabilities of $171k, net assets of $487k. It reported 3 employees.