Accreditation and Workforce Innovations

Analysis

Accreditation and Workforce Innovations is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2012, 14 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, Accreditation and Workforce Innovations reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accreditation and Workforce Innovations sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Marcana Enterprises Inc ($1.9m), Kraybill Mennonite School Corporation ($1.9m) and Summit Christian School Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $375k (21% of expenses). Other salaries and wages came to $649k. At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.2m. It reported 9 employees.