Work Connection Inc

Analysis

Work Connection Inc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Work Connection Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Work Connection Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.5m), Youth Fair Chance Inc ($1.5m) and Eagan Hockey Association Incorporated ($1.5m).

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 $67k (4.3% of expenses). Other salaries and wages came to $563k. At year end it held assets of $196k against liabilities of $141k, net assets of $55k. It reported 27 employees.