Drive-To-Work

Analysis

Drive-To-Work is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Drive-To-Work reported income of $469k and spending of $389k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $524k to $469k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Drive-To-Work sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Gateway House of Peace Inc ($469k), Threshold Services Inc ($469k) and Brightside Produce ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $135k (35% of expenses). Other salaries and wages came to $46k. At year end it held assets of $412k against liabilities of $43k, net assets of $369k. It reported 3 employees.