Power Works Industries Inc

Analysis

Power Works Industries Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Power Works Industries Inc reported income of $12.0m and spending of $11.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $12.0m (+5.0%), an average of +1.2% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power Works Industries Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Jewish Community Center of Metropolitan Detroit ($12.0m), Jewish Community Housing Corporation ($12.0m) and Tazewell County Resource Centers Inc ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $8.3m against liabilities of $914k, net assets of $7.4m. It reported 143 employees.