Western Illinois Works Inc
Analysis
Western Illinois Works Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in February 2009, 17 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 June 2023, Western Illinois Works Inc reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.4m (+24%), an average of +5.4% a year. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Western Illinois Works Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include North Texas Electrical Joint Apprenticeship and Training TR Fun ($2.4m), Smart Local Union No 49 Joint Apprenticeship and Training Trust ($2.4m) and Northwestern Pennsylvania Industrial Resource Center Inc ($2.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (5.7% of expenses). Other salaries and wages came to $533k. At year end it held assets of $436k against liabilities of $354k, net assets of $82k. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Texas Electrical Joint Apprenticeship and Training TR Fun | Grand Prairie | $2.4m |
| Smart Local Union No 49 Joint Apprenticeship and Training Trust | Albuquerque | $2.4m |
| Northwestern Pennsylvania Industrial Resource Center Inc | Erie | $2.4m |
| Aglaunch Initiative | Memphis | $2.4m |