Buckhannon-Upshur Work Adjustment Center Inc

Analysis

Buckhannon-Upshur Work Adjustment Center Inc is a registered charity in United States, based in Buckhannon, WV. It received its IRS tax-exemption ruling in June 1976, 50 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, Buckhannon-Upshur Work Adjustment Center Inc reported income of $660k and spending of $539k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $633k to $660k (+4.2%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Buckhannon-Upshur Work Adjustment Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include Advance Financial Foundation ($659k), Assistance League of Santa Monica ($660k) and Living Streets Alliance ($659k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $312k. At year end it held assets of $725k against liabilities of $948, net assets of $724k. It reported 24 employees.