Workers Center of Central New York Inc

Analysis

Workers Center of Central New York Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Workers Center of Central New York Inc reported income of $423k and spending of $427k, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $253k to $423k (+67%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Workers Center of Central New York Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Forgotten Childrens Fund ($423k), Shower Power Inc ($423k) and Educate Ya Inc ($423k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $51k (12% of expenses). At year end it held assets of $239k against liabilities of $29k, net assets of $211k.