Massachusetts Afl-Cio Workforce Development Programs Inc

Analysis

Massachusetts Afl-Cio Workforce Development Programs Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massachusetts Afl-Cio Workforce Development Programs Inc reported income of $447k and spending of $447k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $447k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Massachusetts Afl-Cio Workforce Development Programs Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Friends of Downtown Jasper ($447k), Junior League of Tyler Inc ($447k) and Collaborative for Health Arts and Civic Transformation ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $186k. At year end it held assets of $284k against liabilities of $284k, net assets of $0.