Boston Womens Fund Inc
Boston Women's Fund: Strong Program Spending, Limited Transparency
EIN: 222475551 · Cambridge, MA · NTEE: T30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $3.7M |
| Transparency Score | 85/100 |
Is Boston Womens Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boston Womens Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boston Womens Fund Inc
Boston Womens Fund Inc (EIN: 222475551) is a nonprofit organization based in Cambridge, MA, classified under NTEE code T30. The organization reported total revenue of $1.5M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Womens Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Womens Fund Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$822K |
| Total Assets | $3.9M |
| Total Liabilities | $131K |
| Net Assets | $3.7M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 30.0 months |
Financial Health Grade: A
In 2023, Boston Womens Fund Inc reported a surplus of $822K with revenue exceeding expenses, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boston Womens Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.8% | +41.7% | +47.9% |
| 2022 | -0.4% | +44.9% | -1.4% |
| 2021 | +321.5% | +24.6% | +34.1% |
| 2020 | -25.7% | +67.3% | -10.2% |
| 2019 | +5.2% | +4.0% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boston Womens Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Boston Womens Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $822K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boston Womens Fund Inc's IRS 990 filings:
- Lack of detailed program impact reporting on their public platforms.
- Limited transparency regarding specific executive compensation figures.
Strengths
The following positive indicators were identified for Boston Womens Fund Inc:
- Consistently high percentage of expenses allocated to programs (e.g., 80% in 2023 based on available data).
- Positive trend in revenue growth over the past few years, from $302,505 in 2017 to $2,368,020 in 2023.
- Healthy asset base, growing from $1,900,693 in 2017 to $3,862,582 in 2023.
Frequently Asked Questions about Boston Womens Fund Inc
Is Boston Womens Fund Inc a legitimate charity?
Boston Womens Fund Inc (EIN: 222475551) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Boston Womens Fund Inc spend its money?
Boston Womens Fund Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Boston Womens Fund Inc tax-deductible?
Boston Womens Fund Inc is registered as a tax-exempt nonprofit (EIN: 222475551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boston Womens Fund Inc's spending goes to programs?
Boston Womens Fund Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boston Womens Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boston Womens Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boston Womens Fund Inc located?
Boston Womens Fund Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222475551. It is classified under NTEE code T30.
How many years of IRS 990 filings does Boston Womens Fund Inc have?
Boston Womens Fund Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
What does Boston Womens Fund Inc do?
Boston Womens Fund Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Cambridge, Massachusetts. It is classified under NTEE code T30.
How much revenue does Boston Womens Fund Inc have?
Boston Womens Fund Inc reported total revenue of $1,523,612. Based on 13 IRS 990 filings on record.
What are Boston Womens Fund Inc's total assets?
Boston Womens Fund Inc holds total assets of $2,392,694 as reported in IRS 990 filings.
Where is Boston Womens Fund Inc located?
Boston Womens Fund Inc is based in Cambridge, Massachusetts.
What is Boston Womens Fund Inc's EIN?
Boston Womens Fund Inc's Employer Identification Number (EIN) is 222475551. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Boston Womens Fund Inc?
Boston Womens Fund Inc is classified under NTEE code T30 (Philanthropy, Voluntarism & Grantmaking).
Is Boston Womens Fund Inc a registered 501(c)(3)?
Yes, Boston Womens Fund Inc is recognized as a tax-exempt organization by the IRS. EIN: 222475551.
Does Boston Womens Fund Inc file IRS Form 990?
Yes, Boston Womens Fund Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Boston Womens Fund Inc's revenue in 2023?
In the 202306 filing period, Boston Womens Fund Inc reported total revenue of $2,368,020, total expenses of $1,546,087, and net assets of $3,862,582.
Is Boston Womens Fund Inc's revenue growing or declining?
Boston Womens Fund Inc's revenue is growing. Revenue went from $1,427,968 (202206) to $2,368,020 (202306), a +65.8% change. Based on 13 filings on record.
What is Boston Womens Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Boston Womens Fund Inc covers tax period 202306. It shows revenue of $2,368,020, expenses of $1,546,087, total assets of $3,862,582, and liabilities of $130,772.
How much does Boston Womens Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Boston Womens Fund Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Boston Womens Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Boston Womens Fund Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Boston Womens Fund Inc?
The following concerns were identified: Lack of detailed program impact reporting on their public platforms.. Limited transparency regarding specific executive compensation figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Boston Womens Fund Inc's strengths?
Positive indicators for Boston Womens Fund Inc include: Consistently high percentage of expenses allocated to programs (e.g., 80% in 2023 based on available data).. Positive trend in revenue growth over the past few years, from $302,505 in 2017 to $2,368,020 in 2023.. Healthy asset base, growing from $1,900,693 in 2017 to $3,862,582 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Boston Womens Fund Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Boston Women's Fund ensure its program spending directly translates into measurable impact for women in the community?
While the organization demonstrates a strong commitment to program spending, the available data does not provide specific metrics or detailed reports on the outcomes and impact of these programs. Further investigation into their annual reports or impact assessments would be necessary to answer this.
Given the significant increase in revenue from $302,505 in 2017 to $2,368,020 in 2023, what strategies has the Boston Women's Fund implemented to achieve this growth?
The provided data indicates substantial revenue growth. However, the specific strategies (e.g., new fundraising campaigns, grant acquisition, donor engagement initiatives) driving this increase are not detailed in the financial summaries. This would require reviewing their annual reports or strategic plans.
Filing History
IRS 990 filing history for Boston Womens Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boston Womens Fund Inc's revenue has grown by 277.8%, moving from $627K to $2.4M. Total assets increased by 35.9% over the same period, from $2.8M to $3.9M. Total functional expenses rose by 59.8%, from $968K to $1.5M. In its most recent filing year (2023), Boston Womens Fund Inc reported a surplus of $822K, with revenue exceeding expenses. The organization holds $131K in liabilities against $3.9M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.5M | $3.9M | $131K | — | — |
| 2022 | $1.4M | $1.1M | $2.6M | $17K | — | View 990 |
| 2021 | $1.4M | $753K | $2.6M | $59K | — | View 990 |
| 2020 | $340K | $605K | $2.0M | $72K | — | View 990 |
| 2019 | $458K | $361K | $2.2M | $32K | — | View 990 |
| 2018 | $435K | $347K | $2.0M | $31K | — | View 990 |
| 2017 | $303K | $245K | $1.9M | $27K | — | View 990 |
| 2016 | $250K | $244K | $1.8M | $18K | — | View 990 |
| 2015 | $312K | $494K | $1.7M | $6K | — | View 990 |
| 2014 | $431K | $722K | $1.9M | $25K | — | View 990 |
| 2013 | $780K | $911K | $2.0M | $35K | — | View 990 |
| 2012 | $432K | $1.1M | $2.2M | $32K | — | View 990 |
| 2011 | $627K | $968K | $2.8M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.5M, and assets of $3.9M (revenue +65.8% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $2.6M (revenue -0.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $753K, and assets of $2.6M (revenue +321.5% year-over-year).
- 2020: Revenue of $340K, expenses of $605K, and assets of $2.0M (revenue -25.7% year-over-year).
- 2019: Revenue of $458K, expenses of $361K, and assets of $2.2M (revenue +5.2% year-over-year).
- 2018: Revenue of $435K, expenses of $347K, and assets of $2.0M (revenue +43.9% year-over-year).
- 2017: Revenue of $303K, expenses of $245K, and assets of $1.9M (revenue +21.2% year-over-year).
- 2016: Revenue of $250K, expenses of $244K, and assets of $1.8M (revenue -20.0% year-over-year).
- 2015: Revenue of $312K, expenses of $494K, and assets of $1.7M (revenue -27.6% year-over-year).
- 2014: Revenue of $431K, expenses of $722K, and assets of $1.9M (revenue -44.7% year-over-year).
- 2013: Revenue of $780K, expenses of $911K, and assets of $2.0M (revenue +80.4% year-over-year).
- 2012: Revenue of $432K, expenses of $1.1M, and assets of $2.2M (revenue -31.1% year-over-year).
- 2011: Revenue of $627K, expenses of $968K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Womens Fund Inc:
Data Sources and Methodology
This transparency report for Boston Womens Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.