Girl Effect Inc

Analysis

Girl Effect Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Girl Effect Inc reported income of $3.1m and spending of $1.5m, leaving 51% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $3.1m (+125%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 656%. Over the whole period it spent 33% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Girl Effect Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Project Life Impact Inc ($3.0m), Big Brothers Big Sisters of Southeast Michigan ($3.1m) and Pennsylvania Partnerships for Children ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $444k (29% of expenses). Other salaries and wages came to $513k. At year end it held assets of $13.1m against liabilities of $26k, net assets of $13.1m. It reported 6 employees.