Nonprofits United Workers Compensation Group Inc

Analysis

Nonprofits United Workers Compensation Group Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 December 2023, Nonprofits United Workers Compensation Group Inc reported income of $23.5m and spending of $23.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.7m to $23.5m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nonprofits United Workers Compensation Group Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Carpenters Home Estates Inc ($23.4m), Southeast Missouri Health Network ($23.5m) and Florida State University International Programs Assoc Inc ($23.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $121.9m against liabilities of $78.1m, net assets of $43.8m.