Willamette Workforce Partnership

Analysis

Willamette Workforce Partnership is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in April 2008, 18 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, Willamette Workforce Partnership reported income of $8.3m and spending of $8.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $8.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 79%. 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, Willamette Workforce Partnership sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Southwest Oklahoma Community Action Group Inc ($8.2m), The Center for Kentucky Rural Economic Development Inc ($8.3m) and California Indian Manpower Consortium Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $343k (4.1% of expenses). Other salaries and wages came to $586k. At year end it held assets of $3.1m against liabilities of $2.3m, net assets of $764k. It reported 10 employees.