John & Sylvia Workman Home for the Sick

Analysis

John & Sylvia Workman Home for the Sick is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in April 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, John & Sylvia Workman Home for the Sick reported income of $918k and spending of $931k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $918k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, John & Sylvia Workman Home for the Sick sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Regional Home Visitation Program ($918k), Bridge Thrift Center NFP ($918k) and Open Table Inc ($918k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. Other salaries and wages came to $436k. At year end it held assets of $4.7m against liabilities of $44k, net assets of $4.6m. It reported 23 employees.