Work First Inc

Analysis

Work First Inc is a registered charity in United States, based in Farmington, ME. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Work First Inc reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Work First Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Hospice of East Texas Foundation ($1.7m), Resources Education Assistance Counseling and Housing of Macon ($1.7m) and Flemington-Raritan First Aid & Rescue Squad Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $112k (6.7% of expenses). Other salaries and wages came to $922k. At year end it held assets of $3.2m against liabilities of $88k, net assets of $3.1m. It reported 59 employees.