Working Class Acupuncture Inc

Analysis

Working Class Acupuncture Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Working Class Acupuncture Inc reported income of $756k and spending of $816k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $892k to $756k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Working Class Acupuncture Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Cinco Charities Inc ($756k), Latah Recovery Center ($756k) and Jordan Thomas Foundation Inc ($756k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $84k (10% of expenses). Other salaries and wages came to $368k. At year end it held assets of $591k against liabilities of $371k, net assets of $220k. It reported 22 employees.