Concerned African Women Inc

Analysis

Concerned African Women Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Concerned African Women Inc reported income of $2.7m and spending of $2.0m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.5m to $2.7m (-24%), an average of -6.6% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concerned African Women Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Ocean Professional Theatre Company Inc ($2.6m), Reinstitute Inc ($2.7m) and New York Council for the Humanities ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $236k (12% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $974k against liabilities of $64k, net assets of $910k. It reported 86 employees.