90 Works Inc

Analysis

90 Works Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, 90 Works Inc reported income of $9.4m and spending of $9.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $9.4m (+66%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 90 Works 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 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include WMHT Educational Telecommunications Inc ($9.4m), Midland School ($9.4m) and National Center on Education & the Economy ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.1m. It reported 85 employees.