Work Opportunity Center Inc

Analysis

Work Opportunity Center Inc is a registered charity in United States, based in Westfield, MA. It received its IRS tax-exemption ruling in March 1974, 52 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 June 2024, Work Opportunity Center Inc reported income of $4.2m and spending of $3.0m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $4.2m (+67%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Work Opportunity Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Cape Girardeau Community Sheltered Workshop Inc D/B/A Vip Industries ($4.2m), Anne Arundel County Community Action Agency Inc ($4.2m) and Pennsylvania State Association of County Fairs ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $180k (6.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $9.3m against liabilities of $1.5m, net assets of $7.8m. It reported 91 employees.