Chariton County Sheltered Workshop

Analysis

Chariton County Sheltered Workshop is a registered charity in United States, based in Keytesville, MO. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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, Chariton County Sheltered Workshop reported income of $324k and spending of $360k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $266k to $324k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chariton County Sheltered Workshop sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Dr Martin Luther King Jr Parade and Festivities Committee Inc ($324k), Louisville Folk School Inc ($324k) and Northeast Organic Farming Assn ($324k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. Other salaries and wages came to $201k. At year end it held assets of $216k against liabilities of $6,397, net assets of $209k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.