International Womens Entreprenurial Challenge Foundation Inc

Analysis

International Womens Entreprenurial Challenge Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2014, 12 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, International Womens Entreprenurial Challenge Foundation Inc reported income of $125k and spending of $191k, spending 153% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $125k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Womens Entreprenurial Challenge Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Laguna Vista Community Development Corporation ($125k), African-American Business Association Inc ($125k) and Main Street Washington Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.