Positive Workforce Coalition Inc

Analysis

Positive Workforce Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2024, 2 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 December 2022, Positive Workforce Coalition Inc reported income of $664k and spending of $724k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $490k to $664k (+36%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Positive Workforce Coalition Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Perfectly Flawed Foundation ($664k), Metropolitan Housing Development Corporation ($665k) and Youngstown Warren Regional Chamber of Commerce Foundation ($664k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $46k (6.3% of expenses). Other salaries and wages came to $137k. At year end it held assets of $1.5m against liabilities of $17k, net assets of $1.5m. It reported 12 employees.