Big Springs Sheltered Workshop Inc

Analysis

Big Springs Sheltered Workshop Inc is a registered charity in United States, based in Van Buren, MO. It received its IRS tax-exemption ruling in January 1984, 42 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, Big Springs Sheltered Workshop Inc reported income of $302k and spending of $327k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $129k to $302k (+135%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Springs Sheltered Workshop Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Ross Volunteer Association ($302k), First Methodist Memorial Foundation of Glendale ($302k) and The Stamford Partnership Incorporated ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $187k. At year end it held assets of $296k against liabilities of $4,716, net assets of $291k. It reported 31 employees.