Lets Go to Work Inc

Analysis

Lets Go to Work Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in September 2004, 22 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 December 2023, Lets Go to Work Inc reported income of $54k and spending of $34k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $68k to $54k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lets Go to Work Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Korean American Garment Ind Assoc ($54k), Yankton Thrive Foundation Inc ($54k) and North Loop Neighborhood Association ($54k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $22k. At year end it held assets of $149k against liabilities of $839, net assets of $148k. It reported 4 employees.