Local Workforce Investment for the Westmoreland-Fayette Workforce

Analysis

Local Workforce Investment for the Westmoreland-Fayette Workforce is a registered charity in United States, based in Youngwood, PA. It received its IRS tax-exemption ruling in January 2001, 25 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 2024, Local Workforce Investment for the Westmoreland-Fayette Workforce reported income of $7.5m and spending of $7.9m, spending 105% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.8m to $7.5m (+9.9%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Local Workforce Investment for the Westmoreland-Fayette Workforce sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Northern Hills Training ($7.5m), Nutech Ventures ($7.5m) and FCS Urban Ministries Inc ($7.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $779k. At year end it held assets of $1.4m against liabilities of $1.2m, net assets of $268k. It reported 51 employees.