National Council for Workforce Education

Analysis

National Council for Workforce Education is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Council for Workforce Education reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $456k to $1.6m (+243%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Council for Workforce Education sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Wissahickon Valley Public Library ($1.6m), Network Charter School ($1.6m) and Hope Learning Academy of Toledo ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $260k (17% of expenses). At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $275k. It reported 1 employees.