Luzerne-Schuykill County Workforce Investment Board

Analysis

Luzerne-Schuykill County Workforce Investment Board is a registered charity in United States, based in Wilkes Barre, PA. It received its IRS tax-exemption ruling in August 2007, 19 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, Luzerne-Schuykill County Workforce Investment Board reported income of $9.6m and spending of $9.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $9.6m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 16%. 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, Luzerne-Schuykill County Workforce Investment Board sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include North Central Community Action Program Inc ($9.6m), Employu Inc ($9.6m) and Uaw-Labor Employment and Training Corporation ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $739k. At year end it held assets of $2.2m against liabilities of $1.8m, net assets of $409k. It reported 5 employees.