Greater Roanoke Workforce Development Board

Analysis

Greater Roanoke Workforce Development Board is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 2006, 20 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 June 2024, Greater Roanoke Workforce Development Board reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.7m (+111%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Roanoke Workforce Development Board sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Father Fred Foundation ($2.7m), East Texas Crisis Center Inc ($2.7m) and Northwest Association for Blindathletes ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $1.9m, net assets of $230k. It reported 26 employees.