Heartland Workforce Investment Boar

Analysis

Heartland Workforce Investment Boar is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in December 1996, 30 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, Heartland Workforce Investment Boar reported income of $3.3m and spending of $3.3m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.5m to $3.3m (-3.9%), an average of -1.3% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heartland Workforce Investment Boar 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 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Biobat Inc ($3.3m), Chicago Center for Arts and Technology Inc ($3.3m) and New Town Macon Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $209k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of -$13k. It reported 37 employees.