Southwest Washington Workforce Development Council
Analysis
Southwest Washington Workforce Development Council is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Southwest Washington Workforce Development Council reported income of $7.4m and spending of $7.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $7.4m (+15%), an average of +3.5% a year. Over the whole period it spent 100% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southwest Washington Workforce Development Council sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Community Foundation for the Ohio Valley Inc ($7.4m), Friends of South Central Losangeles Regional Center for Develop ($7.4m) and Lincoln County Opportunity Company ($7.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $482k (6.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.8m against liabilities of $2.4m, net assets of $410k. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Foundation for the Ohio Valley Inc | Wheeling | $7.4m |
| Friends of South Central Losangeles Regional Center for Develop | Los Angeles | $7.4m |
| Lincoln County Opportunity Company | Hamlin | $7.3m |
| St Croix Valley Foundation | Hudson | $7.4m |