Cwi Works Inc

Analysis

Cwi Works Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cwi Works Inc reported income of $58.3m and spending of $55.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $55.7m to $58.3m (+4.7%), an average of +1.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cwi Works Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Ginok LLC ($58.1m), Friends of Crown Heights Educational Centers Inc ($58.3m) and Citizen Advocates Inc ($58.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.2m (2.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $24.8m against liabilities of $8.2m, net assets of $16.6m. It reported 616 employees.