Women in Electronics

Analysis

Women in Electronics is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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 Electronics reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $873k to $1.3m (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women in Electronics sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Coalition for Children Youth & Families ($1.3m), Austin Electrical Joint Apprenticeship & Training TR Fund ($1.3m) and NCR at Home Health and Wellness ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $358k (29% of expenses). Other salaries and wages came to $89k. At year end it held assets of $774k against liabilities of $116k, net assets of $658k. It reported 3 employees.