Westwood Works Inc

Analysis

Westwood Works Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westwood Works Inc reported income of $144k and spending of $122k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $144k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Westwood Works Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include National Council of Jewish Women Incorporated ($144k), Friends of Four Star Inc ($145k) and Poor and Indigent Peoples Care Trust ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.