Working for Worcester Inc

Analysis

Working for Worcester Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Working for Worcester Inc reported income of $173k and spending of $92k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $130k to $173k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Working for Worcester Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Open Doors Community and Economic Development Corporation ($173k), Lekovod Shabbos ($173k) and Tranquilidad Foundation ($173k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.