Madam CJ Walker Institute for Women Entrepreneurs of Color

Analysis

Madam CJ Walker Institute for Women Entrepreneurs of Color is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madam CJ Walker Institute for Women Entrepreneurs of Color reported income of $1.3m and spending of $687k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $1.3m (-77%), an average of -31% a year. The sharpest change came in the year to December 2023, when income rose by 4448%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Madam CJ Walker Institute for Women Entrepreneurs of Color sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Missouri Lawyer Trust Account Foundation ($1.3m), Fund for Southern Communities Inc ($1.3m) and Southsiders Organized for Unity and Liberation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.5m against liabilities of $10k, net assets of $5.5m.