Workforce Leadership of Texas

Analysis

Workforce Leadership of Texas is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Workforce Leadership of Texas reported income of $251k and spending of $278k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $251k to $251k (-0.2%), an average of -0.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Workforce Leadership of Texas sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Sports in Schools ($251k), Union County Public Education Foundation ($251k) and Chicago Fair Trade ($251k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $116k against liabilities of $8,535, net assets of $108k.