Foundation of the Women Presidents Organization Inc

Analysis

Foundation of the Women Presidents Organization Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation of the Women Presidents Organization Inc reported income of $552k and spending of $519k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $552k (+270%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 10181%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Foundation of the Women Presidents Organization Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Rebuild Johnston Square Neighborhood Organization Inc ($552k), Partnership Grand Strand ($552k) and 1979 Legacy Corp ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $458k against liabilities of $225k, net assets of $234k.