New Endeavors by Women
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
Where the income comes from
- Contributions & grants 97%
- Program services 0.6%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Linc-Redondo Beach Seniors Inc | Long Beach | $2.6m |
| Northtown Housing Development Corporation | RCH Cucamonga | $2.6m |
| NPHS Community Redevelopment Inc | RCH Cucamonga | $2.6m |
| Gulf Coast Partnership Inc | Pt Charlotte | $2.6m |