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New Endeavors by Women

RegisteredEIN 52-1547845Washington, DCHousing and shelter
Income$2.6m2023-06
Spending$3.0msame year
Spent / received90%5-year average
Size in its cause85th pctHousing and shelter
Exempt since1990Publicly supported organisat
Employees37latest return

Analysis

New Endeavors by Women is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, New Endeavors by Women reported income of $2.6m and spending of $3.0m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.6m (+7.8%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Endeavors by Women sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Linc-Redondo Beach Seniors Inc ($2.6m), Northtown Housing Development Corporation ($2.6m) and NPHS Community Redevelopment Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $110k (3.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.8m against liabilities of $431k, net assets of $3.4m. It reported 37 employees.

Income and spending

$0$1.2m$2.5m$3.7m$5.0m2019 Income: $2,451,7762019 Spending: $2,450,88620192020 Income: $2,471,4212020 Spending: $2,588,04720202021 Income: $2,858,3992021 Spending: $2,829,58820212022 Income: $4,953,1882022 Spending: $2,901,57120222023 Income: $2,642,4772023 Spending: $3,026,8542023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 0.6%
  • Other 2.9%

Similar-sized charities, same cause

CharityLocationIncome
Linc-Redondo Beach Seniors IncLong Beach$2.6m
Northtown Housing Development CorporationRCH Cucamonga$2.6m
NPHS Community Redevelopment IncRCH Cucamonga$2.6m
Gulf Coast Partnership IncPt Charlotte$2.6m