Tompkins County Workers Center Inc

Analysis

Tompkins County Workers Center Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in December 2011, 15 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, Tompkins County Workers Center Inc reported income of $193k and spending of $187k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $207k to $193k (-7.0%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tompkins County Workers Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include The Citizens Association of Palm Beach Inc ($193k), Sturgis Falls Celebration Inc ($193k) and Friends of Apache Junction ($193k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $52k (28% of expenses). Other salaries and wages came to $64k. At year end it held assets of $154k against liabilities of $18k, net assets of $136k. It reported 4 employees.