Women in Innovation Inc

Analysis

Women in Innovation Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Women in Innovation Inc reported income of $165k and spending of $209k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $165k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Women in Innovation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Family Learning Solutions Inc ($165k), Nitro High School Choral Boosters ($165k) and International Perfume Bottle Association Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. At year end it held assets of $345k against liabilities of $50k, net assets of $295k.