Community Work & Independence Inc

Analysis

Community Work & Independence Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in March 1973, 53 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, Community Work & Independence Inc reported income of $20.7m and spending of $16.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.1m to $20.7m (-10%), an average of -2.7% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Work & Independence Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Mid-Market Foundation ($20.7m), Institute of Management Accountants Inc ($20.8m) and Parking Facilities Corporation ($20.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $107k (0.6% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $15.7m against liabilities of $6.1m, net assets of $9.6m. It reported 434 employees.