Eastern Workforce Opportunity Regional Center & Services Inc

Analysis

Eastern Workforce Opportunity Regional Center & Services Inc is a registered charity in United States, based in Moorefield, WV. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern Workforce Opportunity Regional Center & Services Inc reported income of $555k and spending of $421k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $212k to $555k (+161%), an average of +161% a year. The sharpest change came in the year to June 2023, when income rose by 161%. 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, Eastern Workforce Opportunity Regional Center & Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within WV. Charities of a similar size with the same main cause include Community Building Partnership of Stark County Inc ($555k), Jordan Valley Day Care & Training Center ($556k) and Assistance League of Indianapolis Inc ($554k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. At year end it held assets of $147k against liabilities of $7,439, net assets of $140k.