Workforce Technician Education Center

Analysis

Workforce Technician Education Center is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Workforce Technician Education Center reported income of $171k and spending of $167k, spending 98% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $140k to $171k (+22%), an average of +22% a year. The sharpest change came in the year to October 2023, when income rose by 22%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Workforce Technician Education Center 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 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Virginia Association for the Educat Ion of Young Children ($171k), Nhste ($171k) and Portsmouth Aikido ($171k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $22k against liabilities of $20k, net assets of $1,062.