Women in Energy Inc

Analysis

Women in Energy Inc is a registered charity in United States, based in Scotch Plains, NJ. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Energy Inc reported income of $157k and spending of $131k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $157k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women in Energy Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Heber-Overgaard Community Resource Network ($157k), Pali Community Center Committee ($157k) and Junior League of San Joaquin County ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 61% of the total. At year end it held assets of $121k against liabilities of $12k, net assets of $109k.