Women in Product

Analysis

Women in Product is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, Women in Product reported income of $1.1m and spending of $2.3m, spending 207% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.1m (-56%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Women in Product sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Illinois Joining Forces Foundation ($1.1m), Brooklyn Center for Independence of the Disabled ($1.1m) and Sibley County Developmental Achievement Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $260k (11% of expenses). Other salaries and wages came to $836k. At year end it held assets of $1.9m against liabilities of $73k, net assets of $1.8m. It reported 12 employees.