South Central Region Workforce Investment Board

Analysis

South Central Region Workforce Investment Board is a registered charity in United States, based in West Plains, MO. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, 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, South Central Region Workforce Investment Board reported income of $775k and spending of $765k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $775k (-80%), an average of -34% a year. The sharpest change came in the year to June 2020, when income dropped by 51%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Central Region Workforce Investment Board sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include National Institute for Labor Relations Research ($775k), Gracealaska ($775k) and The Center for Technology Enterprise and Development Inc ($775k).

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 $69k (9.1% of expenses). Other salaries and wages came to $48k. At year end it held assets of $231k against liabilities of $173k, net assets of $58k. It reported 3 employees.