The Work Group

Analysis

The Work Group is a registered charity in United States, based in Pennsauken, NJ. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, The Work Group reported income of $1.7m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.7m (+62%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Work Group sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include BMCC Association Inc ($1.7m), Classical Music Institute Cmi ($1.7m) and Colorado Gerontological Society ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $226k (15% of expenses). Other salaries and wages came to $603k. At year end it held assets of $986k against liabilities of $209k, net assets of $778k. It reported 26 employees.