Northeast Workforce Development Board Inc

Analysis

Northeast Workforce Development Board Inc is a registered charity in United States, based in Catoosa, OK. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Northeast Workforce Development Board Inc reported income of $3.5m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $924k to $3.5m (+274%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 170%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Workforce Development Board Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Texas Liver Institute Inc ($3.5m), Specialized Early Childhood Center of Western New York Inc ($3.5m) and Pure Freedom Inc ($3.5m).

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 $874k. At year end it held assets of $664k against liabilities of $467k, net assets of $197k. It reported 7 employees.