Working Today Inc

Analysis

Working Today Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1997, 29 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, Working Today Inc reported income of $64k and spending of $104k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4,111 to $64k (+1448%), an average of +98% a year. The sharpest change came in the year to December 2020, when income rose by 8747%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Working Today Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Christs Freedom for Haiti ($64k), Quincy 2000 Corporation ($64k) and Glouster Revitalization Organization ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $6,739 (6.5% of expenses). Other salaries and wages came to $4,675. At year end it held assets of $119k against liabilities of $18k, net assets of $101k. It reported 8 employees.