Shes the First Inc

Analysis

Shes the First Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Shes the First Inc reported income of $1.3m and spending of $1.6m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.3m (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shes the First Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Lehigh Valley Consumer-Family Satisfaction Team Inc ($1.3m), Ascent 121 Inc ($1.3m) and North Bay Housing Coalition ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (8.0% of expenses). Other salaries and wages came to $393k. At year end it held assets of $702k against liabilities of $35k, net assets of $667k. It reported 7 employees.