Kiryas Joel Workforce Developmentinc

Analysis

Kiryas Joel Workforce Developmentinc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kiryas Joel Workforce Developmentinc reported income of $108k and spending of $50k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $108k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiryas Joel Workforce Developmentinc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Library Foundation of Needham Inc ($108k), Medea Creek Middle School Parent Faculty Association ($108k) and Mesa Verde Foundation ($108k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $5,395, net assets of $1.7m.