Northern Panhandle Workforce Development Board Inc

Analysis

Northern Panhandle Workforce Development Board Inc is a registered charity in United States, based in Triadelphia, WV. It received its IRS tax-exemption ruling in September 2000, 26 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, Northern Panhandle Workforce Development Board Inc reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.1m (+33%), an average of +7.4% a year. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Panhandle Workforce Development Board Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include Community Forklift ($3.1m), Coastal Connections Inc ($3.1m) and Alaska Community Development Corp ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $119k (3.8% of expenses). Other salaries and wages came to $541k. At year end it held assets of $635k against liabilities of $602k, net assets of $33k. It reported 22 employees.