Girls Who Invest Inc

Analysis

Girls Who Invest Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover employment, 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 September 2023, Girls Who Invest Inc reported income of $13.5m and spending of $8.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to September 2023, income grew from $5.1m to $13.5m (+165%), an average of +28% a year. The sharpest change came in the year to September 2021, when income rose by 551%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Girls Who Invest Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include New York State Linemans Safety Training Fund ($13.5m), Central Oklahoma Workforce Investment Board Inc ($13.6m) and Grand Central Partnership Inc ($13.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.6m (20% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $22.8m against liabilities of $714k, net assets of $22.1m. It reported 20 employees.