Ashley County Skilled Work Center Inc

Analysis

Ashley County Skilled Work Center Inc is a registered charity in United States, based in Crossett, AR. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ashley County Skilled Work Center Inc reported income of $719k and spending of $810k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $717k to $719k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ashley County Skilled Work Center Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within AR. Charities of a similar size with the same main cause include Southern Maine Finance Agency ($719k), Upper Cumberland Entrepreneurial Foundation ($719k) and Shell Lake Arts Center Inc ($718k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $493k. At year end it held assets of $559k against liabilities of $33k, net assets of $527k. It reported 26 employees.