Network of Executive Women in Hospitality Inc

Analysis

Network of Executive Women in Hospitality Inc is a registered charity in United States, based in Shawano, WI. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Network of Executive Women in Hospitality Inc reported income of $3.5m and spending of $3.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Network of Executive Women in Hospitality Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Moenkopi Developers Corporation Inc ($3.5m), Stepping Stones Inc ($3.5m) and Premier Alliances Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 69% of the total. Other salaries and wages came to $794k. At year end it held assets of $3.0m against liabilities of $22k, net assets of $3.0m. It reported 12 employees.