Olympia Snowe Womens Leadership Ins

Analysis

Olympia Snowe Womens Leadership Ins is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in October 2014, 12 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, Olympia Snowe Womens Leadership Ins reported income of $1.5m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.5m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olympia Snowe Womens Leadership Ins sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Share the Dough ($1.5m), Kaleidoscope Adult Day Program ($1.5m) and Journey to Dream Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $231k (20% of expenses). Other salaries and wages came to $329k. At year end it held assets of $8.0m against liabilities of $26k, net assets of $8.0m. It reported 11 employees.