Workforce Alliance of South Central Kansas Inc

Analysis

Workforce Alliance of South Central Kansas Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2001, 25 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 June 2023, Workforce Alliance of South Central Kansas Inc reported income of $8.1m and spending of $8.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.1m (+13%), an average of +3.1% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Workforce Alliance of South Central Kansas Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KS. Charities of a similar size with the same main cause include Venture Richmond Inc ($8.1m), Choose Chicago Foundation ($8.1m) and Neighborhood Progress Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $489k (6.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.6m against liabilities of $3.1m, net assets of $552k. It reported 78 employees.