Lehigh Valley Workforce Investment Board

Analysis

Lehigh Valley Workforce Investment Board is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lehigh Valley Workforce Investment Board reported income of $7.5m and spending of $7.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $7.5m (-10%), an average of -2.6% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lehigh Valley Workforce Investment Board sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Just Keep Livin Foundation ($7.5m), Jewish Federation of Columbus ($7.5m) and United Way of Weld County Inc ($7.5m).

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 $290k (3.9% of expenses). Other salaries and wages came to $565k. At year end it held assets of $3.7m against liabilities of $3.6m, net assets of $104k. It reported 105 employees.