Joplin Workshops Inc

Analysis

Joplin Workshops Inc is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in July 1966, 60 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 March 2023, Joplin Workshops Inc reported income of $1.0m and spending of $993k, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.0m to $1.0m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to March 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joplin Workshops Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Sidney Alive ($1.0m), Charlottesville Tomorrow ($1.0m) and Firetree Place ($1.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 42% and program service revenue 50% of the total. Other salaries and wages came to $559k. At year end it held assets of $1.3m against liabilities of $57k, net assets of $1.2m. It reported 59 employees.