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Womens Money Matters Inc

EIN 90-0688545 · Boston, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WOMEN'S MONEY MATTERS, INC. EMPOWERS LOW-INCOME WOMEN THROUGH FINANCIAL LITERACY. THE ORGANIZATION'S COMPREHENSIVE PROGRAMMING COMBINES ONE-TO-ONE COACHING WITH A SERIES OF WORKSHOPS THAT DEVELOP CORE MONEY MANAGEMENT SKILLS AND SELF-ESTEEM.

Income
$2.1 million
Spending
$1.6 million
Spent on programs
82%
Reserves
6 months of spending
Largest source of income
donations and private grants, 91%
Employees
42
Volunteers
393
Highest pay
$136,491, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 80% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.0 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 25% of income.

  • Income trend

    15 of 15

    Income rose 41% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 9 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.3 million spent. WOMEN'S MONEY MATTERS (WMM) EMPOWERS WOMEN, GIRLS, AND INDIVIDUALS NAVIGATING SYSTEMIC FINANCIAL CHALLENGES TO ACHIEVE LASTING ECONOMIC SECURITY. WE RECOGNIZE THAT FINANCIAL DECISIONS ARE SHAPED BY REAL-LIFE CIRCUMSTANCES AND COMPETING PRIORITIES, NOT JUST LEARNED INFORMATION. TO ADDRESS THIS, WMM PROVIDES FREE, HOLISTIC PROGRAMMING CENTERED ON COHORT-BASED WORKSHOPS AND DEDICATED 1:1 VOLUNTEER COACHING. WE BUILD UPON THIS FOUNDATION WITH COMMUNITY-DRIVEN "LEVEL UP" EXPERT WORKSHOPS, ADVOCACY INITIATIVES, AND OUR DIGITAL TOOLS FOR BUDGETING, DEBT REPAYMENT, AND CREDIT BUILDING. CRUCIALLY, WE REMOVE BARRIERS TO SUCCESS THROUGH A HOLISTIC SUPPORT SYSTEM THAT PROVIDES PARTICIPANTS WITH DIRECT FINANCIAL ASSISTANCE, TRANSPORTATION ACCESS, AND DIGITAL ESSENTIALS LIKE COMPUTERS AND WI-FI. BY FOSTERING A SAFE, RELATIONSHIP-CENTERED COMMUNITY, PARTICIPANTS GAIN THE SUPPORT, KNOWLEDGE, AND CONFIDENCE TO INCREASE THEIR INCOME, BUILD SAVINGS, REDUCE DEBT, AND STRENGTHEN CREDIT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.