Association of Nigerian Women Entrepreneurs & Professionals

Analysis

Association of Nigerian Women Entrepreneurs & Professionals is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Association of Nigerian Women Entrepreneurs & Professionals reported income of $240k and spending of $239k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $424k to $240k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association of Nigerian Women Entrepreneurs & Professionals sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Dilworth Soup Kitchen Inc ($240k), Florida Guardian Ad Litem Foundation Inc ($240k) and Start Right Community Developmentcorporation ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $240k against liabilities of $239k, net assets of $1,252. It reported 15 employees.