Workfaith Birmingham

Analysis

Workfaith Birmingham is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2015, 11 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, Workfaith Birmingham reported income of $204k and spending of $324k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $204k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Workfaith Birmingham sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Twenty Pearls Foundation Inc ($204k), Friends of Panthertown ($204k) and Exeter Group Ltd ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $155k (48% of expenses). Other salaries and wages came to $62k. At year end it held assets of $81k against liabilities of $599, net assets of $80k. It reported 4 employees.