Womens Money Matters Inc

Analysis

Womens Money Matters Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Womens Money Matters Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $572k to $1.5m (+160%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Womens Money Matters Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Lifechoices Inc ($1.5m), Apopo US Inc ($1.5m) and Apm Outreach Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $123k (10% of expenses). Other salaries and wages came to $620k. At year end it held assets of $1.5m against liabilities of $40k, net assets of $1.4m.