North Central Wisconsin Workforce Development Board

Analysis

North Central Wisconsin Workforce Development Board is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in November 1984, 42 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, North Central Wisconsin Workforce Development Board reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $2.7m (-14%), an average of -3.8% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Central Wisconsin Workforce Development Board 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 89th percentile within WI. Charities of a similar size with the same main cause include Klamath Works Inc ($2.7m), Ascend Foundation Inc ($2.7m) and The Fabric Workshop and Museum ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $113k (4.2% of expenses). Other salaries and wages came to $341k. At year end it held assets of $1.2m against liabilities of $355k, net assets of $838k. It reported 11 employees.