Fair Work Center
Analysis
Fair Work Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2016, 10 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, Fair Work Center reported income of $2.3m and spending of $2.0m, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.4m to $2.3m (+70%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 1327%. Over the whole period it spent 95% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fair Work Center 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 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Strong Towns ($2.3m), Technical Development Corporation ($2.3m) and Kings Enterprises Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $155k (7.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.0m against liabilities of $153k, net assets of $2.9m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 4.2%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Strong Towns | Brainerd | $2.3m |
| Technical Development Corporation | Peabody | $2.3m |
| Kings Enterprises Inc | Charlotte | $2.3m |
| Teamchild | Seattle | $2.3m |