Women & Infants Corporation
Women & Infants Corporation: Strong Asset Growth, Variable Revenue
EIN: 222885807 · Providence, RI · NTEE: E110 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Program Spending | 80% |
| Net Assets | $101.9M |
| Transparency Score | 85/100 |
Is Women & Infants Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Women & Infants Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Women & Infants Corporation
Women & Infants Corporation (EIN: 222885807) is a nonprofit organization based in Providence, RI, classified under NTEE code E110. The organization reported total revenue of $6.7M and total assets of $121.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Women & Infants Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Women & Infants Corporation is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $0 |
| Surplus / Deficit | +$2.7M |
| Total Assets | $101.9M |
| Net Assets | $101.9M |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Women & Infants Corporation reported a surplus of $2.7M with revenue exceeding expenses.
Financial Trends
Over 13 years of filings (2011–2023), Women & Infants Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -79.9% | — | +12.6% |
| 2022 | +105.5% | -100.0% | -18.1% |
| 2021 | +115.6% | — | +19.5% |
| 2020 | -20.9% | — | +6.4% |
| 2019 | -18.3% | -100.0% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Women & Infants Corporation 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, Women & Infants Corporation 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:
Executive Compensation Analysis
Without specific executive compensation figures, a detailed assessment is not possible; however, the organization's overall financial health suggests capacity for competitive, yet reasonable, compensation.
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 Women & Infants Corporation's IRS 990 filings:
- Revenue has shown significant year-over-year variability, from $699,195 in 2016 to $13,337,788 in 2022, which could indicate reliance on inconsistent funding sources or project-based income.
- The provided data lacks detailed breakdowns of expenses (program, administrative, fundraising), making it difficult to fully assess spending efficiency without further investigation.
Strengths
The following positive indicators were identified for Women & Infants Corporation:
- Consistent asset growth from $79,245,230 in 2017 to $101,892,444 in 2023 demonstrates strong financial management and stability.
- The organization maintains a substantial asset base, indicating long-term financial health and capacity to fulfill its mission.
- Zero reported lobbying expenses ('l') across all years suggests a focus on direct mission-related activities rather than political influence.
Frequently Asked Questions about Women & Infants Corporation
Is Women & Infants Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Women & Infants Corporation (EIN: 222885807) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Women & Infants Corporation spend its money?
Women & Infants Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Women & Infants Corporation tax-deductible?
Women & Infants Corporation is registered as a tax-exempt nonprofit (EIN: 222885807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Women & Infants Corporation's spending goes to programs?
Women & Infants Corporation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Women & Infants Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Women & Infants Corporation is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Women & Infants Corporation located?
Women & Infants Corporation is headquartered in Providence, Rhode Island and files with the IRS under EIN 222885807. It is classified under NTEE code E110.
How many years of IRS 990 filings does Women & Infants Corporation have?
Women & Infants Corporation 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 $6.7M in total revenue.
What does Women & Infants Corporation do?
Women & Infants Corporation is a nonprofit organization in the Health Care sector, located in Providence, Rhode Island. It is classified under NTEE code E110.
How much revenue does Women & Infants Corporation have?
Women & Infants Corporation reported total revenue of $6,704,701. Based on 13 IRS 990 filings on record.
What are Women & Infants Corporation's total assets?
Women & Infants Corporation holds total assets of $121,051,514 as reported in IRS 990 filings.
Where is Women & Infants Corporation located?
Women & Infants Corporation is based in Providence, Rhode Island.
What is Women & Infants Corporation's EIN?
Women & Infants Corporation's Employer Identification Number (EIN) is 222885807. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Women & Infants Corporation?
Women & Infants Corporation is classified under NTEE code E110 (Health Care).
Is Women & Infants Corporation a registered 501(c)(3)?
Yes, Women & Infants Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222885807.
Does Women & Infants Corporation file IRS Form 990?
Yes, Women & Infants Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Women & Infants Corporation's revenue in 2023?
In the 202309 filing period, Women & Infants Corporation reported total revenue of $2,686,734, total expenses of N/A, and net assets of $101,892,444.
Is Women & Infants Corporation's revenue growing or declining?
Women & Infants Corporation's revenue is declining. Revenue went from $13,337,788 (202209) to $2,686,734 (202309), a -79.9% change. Based on 13 filings on record.
What is Women & Infants Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Women & Infants Corporation covers tax period 202309. It shows revenue of $2,686,734, expenses of N/A, total assets of $101,892,444, and liabilities of N/A.
How much does Women & Infants Corporation spend on programs vs administration?
Based on IRS 990 analysis, Women & Infants Corporation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Women & Infants Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Women & Infants Corporation appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Women & Infants Corporation?
The following concerns were identified: Revenue has shown significant year-over-year variability, from $699,195 in 2016 to $13,337,788 in 2022, which could indicate reliance on inconsistent funding sources or project-based income.. The provided data lacks detailed breakdowns of expenses (program, administrative, fundraising), making it difficult to fully assess spending efficiency without further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Women & Infants Corporation's strengths?
Positive indicators for Women & Infants Corporation include: Consistent asset growth from $79,245,230 in 2017 to $101,892,444 in 2023 demonstrates strong financial management and stability.. The organization maintains a substantial asset base, indicating long-term financial health and capacity to fulfill its mission.. Zero reported lobbying expenses ('l') across all years suggests a focus on direct mission-related activities rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Women & Infants Corporation compensate executives?
Without specific executive compensation figures, a detailed assessment is not possible; however, the organization's overall financial health suggests capacity for competitive, yet reasonable, compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the significant fluctuations in reported revenue for Women & Infants Corporation, and how does this impact their long-term financial planning?
The revenue figures vary widely, for example, from $699,195 in 2016 to $13,337,788 in 2022, and then down to $2,686,734 in 2023. This volatility could stem from grant cycles, specific project funding, or changes in service delivery models. Such fluctuations necessitate robust financial reserves and flexible budgeting to ensure continuous operation and mission fulfillment, potentially making long-term planning more challenging without stable income streams.
Given the consistent asset growth despite revenue variability, how does Women & Infants Corporation manage to build its asset base?
Despite fluctuating revenues, the organization's assets have steadily increased from $79,245,230 in 2017 to $101,892,444 in 2023. This suggests effective asset management, potentially through strategic investments, capital campaigns, or the accumulation of unrestricted net assets from prior periods, rather than solely relying on annual revenue for growth.
Filing History
IRS 990 filing history for Women & Infants Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Women & Infants Corporation's revenue has grown by 17.9%, moving from $2.3M to $2.7M. Total assets increased by 145.8% over the same period, from $41.5M to $101.9M. Total functional expenses fell by 100%, from $373K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $0 | $101.9M | $0 | — | — |
| 2022 | $13.3M | $0 | $90.5M | $0 | — | View 990 |
| 2021 | $6.5M | $8K | $110.5M | $0 | — | View 990 |
| 2020 | $3.0M | $0 | $92.4M | $0 | — | — |
| 2019 | $3.8M | $0 | $86.9M | $52K | — | View 990 |
| 2018 | $4.7M | $301K | $84.9M | $0 | — | View 990 |
| 2017 | $5.3M | $12.6M | $79.2M | $0 | — | View 990 |
| 2016 | $699K | $447K | $81.5M | $86K | — | View 990 |
| 2015 | $5.1M | $297K | $74.7M | $89K | — | View 990 |
| 2014 | $2.0M | $337K | $75.4M | $143K | — | View 990 |
| 2013 | $3.1M | $395K | $59.2M | $16K | — | View 990 |
| 2012 | $2.1M | $402K | $47.1M | $18K | — | View 990 |
| 2011 | $2.3M | $373K | $41.5M | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $0, and assets of $101.9M (revenue -79.9% year-over-year).
- 2022: Revenue of $13.3M, expenses of $0, and assets of $90.5M (revenue +105.5% year-over-year).
- 2021: Revenue of $6.5M, expenses of $8K, and assets of $110.5M (revenue +115.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $0, and assets of $92.4M (revenue -20.9% year-over-year).
- 2019: Revenue of $3.8M, expenses of $0, and assets of $86.9M (revenue -18.3% year-over-year).
- 2018: Revenue of $4.7M, expenses of $301K, and assets of $84.9M (revenue -11.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $12.6M, and assets of $79.2M (revenue +656.2% year-over-year).
- 2016: Revenue of $699K, expenses of $447K, and assets of $81.5M (revenue -86.4% year-over-year).
- 2015: Revenue of $5.1M, expenses of $297K, and assets of $74.7M (revenue +163.5% year-over-year).
- 2014: Revenue of $2.0M, expenses of $337K, and assets of $75.4M (revenue -36.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $395K, and assets of $59.2M (revenue +44.9% year-over-year).
- 2012: Revenue of $2.1M, expenses of $402K, and assets of $47.1M (revenue -7.6% year-over-year).
- 2011: Revenue of $2.3M, expenses of $373K, and assets of $41.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Women & Infants Corporation:
Data Sources and Methodology
This transparency report for Women & Infants Corporation 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.