Manufacturing Works

Analysis

Manufacturing Works is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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 December 2023, Manufacturing Works reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manufacturing Works sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Icec ($2.7m), Nottoway County Emergency Squad ($2.7m) and KSD Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $301k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $860k against liabilities of $563k, net assets of $297k. It reported 21 employees.