Working Theatre Co Inc

Analysis

Working Theatre Co Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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, Working Theatre Co Inc reported income of $628k and spending of $508k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $449k to $628k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Working Theatre Co Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Georgia Society of Hospital Pharmacists Inc ($628k), Aim High-St Louis ($628k) and Whitman County Hospital Foundation Inc ($628k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 4.8% of the total. Other salaries and wages came to $146k. At year end it held assets of $353k against liabilities of $26k, net assets of $327k. It reported 96 employees.