Workforce Development Board of Western Mo Inc

Analysis

Workforce Development Board of Western Mo Inc is a registered charity in United States, based in Warrensburg, MO. It received its IRS tax-exemption ruling in August 1985, 41 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, Workforce Development Board of Western Mo Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.3m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2022, when income rose by 54%. 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, Workforce Development Board of Western Mo Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include 21st Century Partnership Foundation Inc ($1.3m), Rightfully Sewn Inc ($1.3m) and The Pittsburgh Project ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $698k. At year end it held assets of $277k against liabilities of $140k, net assets of $137k. It reported 4 employees.