Community Workshops Inc

Analysis

Community Workshops Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1930, 96 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Workshops Inc reported income of $4.7m and spending of $4.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $4.7m (+41%), an average of +9.0% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Workshops Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Academy of Craft Training ($4.7m), Mid-Atlantic States Career and Education Center ($4.7m) and Somerville Community Corporation Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $158k (3.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.5m against liabilities of $2.9m, net assets of $552k. It reported 91 employees.