The Innerwork Center Inc

Analysis

The Innerwork Center Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, The Innerwork Center Inc reported income of $340k and spending of $414k, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $513k to $340k (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Innerwork Center 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 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Coastal Symphony of Georgia Inc ($340k), Restoration Pregnancy Resource Center Inc ($340k) and Veterans Stand Together ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $82k (20% of expenses). Other salaries and wages came to $136k. At year end it held assets of $189k against liabilities of $9,115, net assets of $180k. It reported 4 employees.