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Foundation for the Womens Energy Network

RegisteredEIN 81-4312920Charleston, WVEducation and training
Income$147k2023-12
Spending$159ksame year
Spent / received64%5-year average
Size in its cause48th pctEducation and training
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

Foundation for the Womens Energy Network is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation for the Womens Energy Network reported income of $147k and spending of $159k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $147k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 155%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Womens Energy Network sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Friends of Franklin Elementary ($147k), East Cooper Ecumenical Network Inc ($147k) and Mt Pleasant Christian School ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $351k against liabilities of $2,310, net assets of $349k.

Income and spending

$0$61k$122k$184k$245k2019 Income: $94,7072019 Spending: $17,97120192020 Income: $138,4172020 Spending: $46,25420202021 Income: $96,0452021 Spending: $128,76420212022 Income: $244,6922022 Spending: $112,32420222023 Income: $146,7152023 Spending: $158,9922023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Friends of Franklin ElementarySan Diego$147k
East Cooper Ecumenical Network IncMt Pleasant$147k
Mt Pleasant Christian SchoolMt Pleasant$147k
Arkansas State Elks Association Charitable TRSpringdale$147k