Mentoring Womens Network Foundation Inc

Analysis

Mentoring Womens Network Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 2013, 13 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, Mentoring Womens Network Foundation Inc reported income of $196k and spending of $178k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $196k (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mentoring Womens Network Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Obakki Foundation USA ($196k), Raising Girls ($196k) and Focus on the Children ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $45k against liabilities of $556, net assets of $44k. It reported 3 employees.