Workmatters

Analysis

Workmatters is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Workmatters reported income of $944k and spending of $1.2m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $752k to $944k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Workmatters sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Greater Hope Ministries Inc ($943k), Hostetter Ministries ($944k) and Hillcrest Ministries ($942k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $299k (25% of expenses). Other salaries and wages came to $498k. At year end it held assets of $710k against liabilities of $23k, net assets of $687k. It reported 10 employees.