Womens Economic Self-Sufficiency Team Corp

Analysis

Womens Economic Self-Sufficiency Team Corp is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1988, 38 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, Womens Economic Self-Sufficiency Team Corp reported income of $2.4m and spending of $3.1m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.4m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womens Economic Self-Sufficiency Team Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NM. Charities of a similar size with the same main cause include Southeast Community Services Inc ($2.4m), Chase Home ($2.4m) and Freedom to Choose Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $217k (6.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.1m against liabilities of $1.6m, net assets of $9.5m. It reported 37 employees.