Women in Need Inc

Analysis

Women in Need Inc is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in May 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Women in Need Inc reported income of $1.5m and spending of $1.6m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $1.5m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women in Need Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Insurance Accounting & Systems Association Inc ($1.5m), Good Shepard Home Workers Compensation Trust ($1.5m) and Orchard Africa ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $46k (2.8% of expenses). Other salaries and wages came to $964k. At year end it held assets of $1.5m against liabilities of $67k, net assets of $1.4m. It reported 55 employees.