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Women's World Banking
Women's World Banking reported $18.8 million in revenue and $21.2 million in expenses for calendar year 2024. Of every $100 it spent, $76.57 went to program services, $8.41 to management and general costs and $15.02 to fundraising. Its largest source of revenue was contributions and grants: 69.3% of the total. Government grants made up 21.2%. The highest compensation it reported for one person was $566,420 (PRESIDENT AND CEO). 41 people received more than $100,000 in reportable compensation. Revenue rose 50% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $19MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.6% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.4% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 15.0% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.25 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 69.3% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 21.2% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 13.4% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $566,420 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.67% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 41 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.8 | 7.5 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseWomen's World Banking's programs holds the organization's primary programmatic activities. Within women's World Banking's programming, the organization has three primary focus areas:(a) develop market driven financial solutions: leveraging rigorous research and intelligence in key markets, the organization identifies barriers to women's financial inclusion. The organization then works with critical partners within priority markets (including policymakers, regulators, and financial service providers) to overcome these barriers by developing policy strategies and commercially-viable solutions…
Wwb asset management llc manages private equity investments in growing businesses with innovative solutions that enable women to achieve economic empowerment and resilience. Wwb asset management invests in innovative companies in emerging markets that offer low-income and underserved people access to finance, supply chains and software solutions that enhance productivity
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $547,639 | $0 | $18,781 | $566,420 |
| COO, EVP AND SECRETARY Officer, 40.00 hrs/week | $451,981 | $0 | $62,007 | $513,988 |
| MANAGING PARTNER, WAM Highest compensated employee, 40.00 hrs/week | $309,565 | $0 | $60,084 | $369,649 |
| CHIEF DEVELOPMENT OFFICER Key employee, 40.00 hrs/week | $316,040 | $0 | $42,206 | $358,246 |
| EVP, HEAD OF CLIENT SERVICES Key employee, 40.00 hrs/week | $277,953 | $0 | $58,677 | $336,630 |
| GLOBAL HEAD OF EXTERNAL AFFAIRS Key employee, 40.00 hrs/week | $248,258 | $0 | $31,190 | $279,448 |
| GLOBAL HEAD, HUMAN RESOURCES Key employee, 40.00 hrs/week | $235,324 | $0 | $27,190 | $262,514 |
| PRINCIPAL INVESTMENT OFFICER, WAM Highest compensated employee, 40.00 hrs/week | $233,514 | $0 | $28,061 | $261,575 |
41 people received more than $100,000 in reportable compensation from Women's World Banking (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 553
- Volunteers Part I, line 625
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| THE AVALON CONSULTING GROUP INC Professional fundraiser | $286,411 |
| OXFORD SAID BUSINESS SCHOOL LTD Facilitator of leadership and diversity | $244,188 |
| PROSEK LLC Public relations consultant | $124,800 |
| ATRIUM STAFFING LLC Temporary staffing | $122,909 |
| KPMG LLP Audit and tax services | $109,370 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Women's World Banking totaling $6.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Women's World Banking's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Women's World Banking, you can publish a response that is linked from this page.
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Of every $100 Women's World Banking spent in 2024, $76.57 went to programs. The full breakdown, from its IRS Form 990:
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All international, foreign affairs & national security charities · Largest charities in New York
Questions people ask
How much of Women's World Banking's spending goes to programs?
In calendar year 2024, Women's World Banking reported that 76.6% of its $21.2 million in expenses went to program services, 8.4% to management and general and 15.0% to fundraising (Form 990, Part IX).
How much does Women's World Banking pay its top executive?
The largest total compensation Women's World Banking reported for one person in calendar year 2024 was $566,420, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Women's World Banking get its money?
Of $18.8 million in revenue in calendar year 2024, 69.3% came from contributions and grants (including 21.2% from government grants) and 13.4% from program service revenue (Form 990, Part VIII).
Is Women's World Banking a registered charity?
The IRS lists EIN 82-2828138 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202502689349301210 · read the filing
- 2023: Form 990 for calendar year 2023, object 202443029349300754 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342999349302224 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213069349302501 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103189349301170 · read the filing
- 2019: Form 990 for calendar year 2019, object 202042839349300529 · read the filing
All filings for EIN 82-2828138: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.