Florissant Valley Sheltered Workshop

Analysis

Florissant Valley Sheltered Workshop is a registered charity in United States, based in Hazelwood, MO. It received its IRS tax-exemption ruling in November 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 December 2023, Florissant Valley Sheltered Workshop reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.1m (+4.7%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florissant Valley Sheltered Workshop sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include South Carolina Association for Community Economic Development ($4.1m), Cornerstone Community Outreach ($4.1m) and Plumbers Local 75 Education Fund ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $116k (2.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.7m against liabilities of $732k, net assets of $3.0m. It reported 197 employees.