Womens Microfinance Initiative Corporation

Womens Microfinance Initiative Corporation is a registered advocacy & civil rights nonprofit based in Bethesda, MD, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2007 and has been operating for 19 years. Its EIN is 261384627. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 86/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $475K in annual revenue. 31 officers and directors are publicly disclosed. No red flags have been detected.

Womens Microfinance Initiative Corporation's EIN (Employer Identification Number) is 261384627. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Womens Microfinance Initiative Corporation has a GiveRadar Integrity Assessment of 86/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 86 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 98% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for advocacy & civil rights charities in United States is 90/100.

Womens Microfinance Initiative Corporation is located in Bethesda, MD, United States. The organization was established in 2007 and has been active for 19 years.

Based on official tax filings, Womens Microfinance Initiative Corporation has $475K in annual revenue. It allocates 98% of expenses to programs and services. This is above the average of 80% for advocacy & civil rights charities in United States. Its revenue is below the peer average of $4M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Womens Microfinance Initiative Corporation is classified as an Advocacy & Civil Rights organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a small organization. It has $475K in annual revenue. The organization has 31 disclosed officers and directors.

No red flags have been detected for Womens Microfinance Initiative Corporation. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Womens Microfinance Initiative Corporation holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 98% of expenses go to programs (the peer average is 80%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

WMI was founded in November, 2007 by seven Washington DC area professional women to address women's economic disenfranchisement in rural East Africa. Two board members were working with a rural women's association in Sironko District, Uganda through a church project, and the village women asked for help to establish a loan program. WMI, unlike conventional aid initiatives, preserves its capital basis by providing loans rather than subsidies. WMI makes loans to impoverished women in developing nations who have no access to banks. Issuing affordable, collateral-free loans for as little as $50, WMI promotes women's economic empowerment to reduce global poverty. WMI's goal is to help poor women build assets to... Womens Microfinance Initiative Corporation is classified as an advocacy & civil rights organization registered in United States. The organization was founded in 2007.

Among advocacy & civil rights charities registered in United States: It allocates 98% of expenses to programs, above the peer average of 80%. Its annual revenue of $475K is below the peer average of $4M.

Yes, donations to Womens Microfinance Initiative Corporation are generally tax-deductible in the United States. Womens Microfinance Initiative Corporation is a 501(c)(3) tax-exempt organization. Its EIN is 261384627, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.