Alliance for Workforce Development Inc

Analysis

Alliance for Workforce Development Inc is a registered charity in United States, based in Quincy, CA. It received its IRS tax-exemption ruling in November 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, Alliance for Workforce Development Inc reported income of $7.4m and spending of $7.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.2m to $7.4m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. 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, Alliance for Workforce Development Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Flatiron 23rd Street Partnershipdistrict Management Association Inc ($7.4m), Creating Resources for Empowerment and Action Inc ($7.4m) and Center for the Future of Arizona ($7.4m).

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 $245k (3.3% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $1.2m against liabilities of $834k, net assets of $327k. It reported 166 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.