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Se Works Inc

RegisteredEIN 31-1575264Portland, ORCommunity and economic development
Income$4.3m2023-06
Spending$4.5msame year
Spent / received101%5-year average
Size in its cause91st pctCommunity and economic development
Exempt since1998Publicly supported organisat
Employees63latest return

Analysis

Se Works Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1998, 28 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, Se Works Inc reported income of $4.3m and spending of $4.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Se Works Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include West Virginia Community Action Partnerships Inc ($4.3m), Maryland Mep Inc ($4.3m) and Oakland Private Industry Council in C ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $277k (6.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.4m against liabilities of $3.1m, net assets of $317k. It reported 63 employees.

Income and spending

$0$1.1m$2.2m$3.4m$4.5m2019 Income: $3,715,0032019 Spending: $3,722,93420192020 Income: $3,430,7622020 Spending: $3,394,89720202021 Income: $3,641,9652021 Spending: $3,407,87020212022 Income: $3,429,0832022 Spending: $3,659,66020222023 Income: $4,276,8362023 Spending: $4,471,6272023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
West Virginia Community Action Partnerships IncCharleston$4.3m
Maryland Mep IncColumbia$4.3m
Oakland Private Industry Council in COakland$4.3m
Goodwill Industries of Wyoming IncCheyenne$4.3m