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Womens Education Alliance Inc

RegisteredEIN 47-5033849Towson, MDEducation and training
Income$2.2m2023-06
Spending$677ksame year
Spent / received56%5-year average
Size in its cause83rd pctEducation and training
Exempt since2015Publicly supported organisat
Employees1latest return

Analysis

Womens Education Alliance Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Womens Education Alliance Inc reported income of $2.2m and spending of $677k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $539k to $2.2m (+312%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Womens Education Alliance Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Great Expectations School ($2.2m), Iowa Law School Foundation ($2.2m) and South St Paul Educational Foundation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $144k (21% of expenses). At year end it held assets of $2.8m against liabilities of $47k, net assets of $2.8m. It reported 1 employees.

Income and spending

$0$555k$1.1m$1.7m$2.2m2019 Income: $539,1812019 Spending: $489,31420192020 Income: $669,9472020 Spending: $544,48320202021 Income: $750,7552021 Spending: $601,33420212022 Income: $804,1122022 Spending: $474,04820222023 Income: $2,218,7702023 Spending: $676,5922023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 4.8%

Similar-sized charities, same cause

CharityLocationIncome
Great Expectations SchoolGrand Marais$2.2m
Iowa Law School FoundationIowa City$2.2m
South St Paul Educational FoundationSouth St Paul$2.2m
Prestige SolutionsColumbus$2.2m