Workforce Connect

Analysis

Workforce Connect is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2021, 5 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 December 2023, Workforce Connect reported income of $175k and spending of $169k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $194k to $175k (-9.7%), an average of -9.7% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Workforce Connect sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Sunrays of Hope Inc ($175k), Institute of Notre Dame Alumnae Association ($175k) and Together We Can Community Resource Center Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.