The Community Works Inc NFP

Analysis

The Community Works Inc NFP is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Community Works Inc NFP reported income of $749k and spending of $761k, spending 102% of its income. Across the 4 years on record, from December 2019 to June 2023, income grew from $561k to $749k (+33%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Community Works Inc NFP sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Raising a Village Foundation ($749k), Society of Native Nations ($750k) and Muncie Innovation Connector Inc ($749k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $192k (25% of expenses). Other salaries and wages came to $89k. At year end it held assets of $745k against liabilities of $221k, net assets of $524k. It reported 5 employees.