Student Work Development Foundation Inc

Analysis

Student Work Development Foundation Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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, Student Work Development Foundation Inc reported income of $1.1m and spending of $840k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Student Work Development Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include The Green Byrne Child Care Center Inc ($1.1m), Quincy Public Schools Foundation ($1.1m) and Primary Source Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $189k (22% of expenses). Other salaries and wages came to $69k. At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m. It reported 8 employees.