Theology of Work Project Inc
Analysis
Theology of Work Project Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Theology of Work Project Inc reported income of $1.6m and spending of $541k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $1.6m (+326%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 231%. Over the whole period it spent 64% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Theology of Work Project Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Summit Missions ($1.6m), Nazarene Community Development Foundation ($1.6m) and Helping Israel Fund Inc ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.2%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Summit Missions | Green | $1.6m |
| Nazarene Community Development Foundation | Camden | $1.6m |
| Helping Israel Fund Inc | E Brunswick | $1.6m |
| Evantell Inc | Dallas | $1.6m |