Policyworks Inc

Analysis

Policyworks Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Policyworks Inc reported income of $165k and spending of $175k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $446k to $165k (-63%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 358%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Policyworks Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Purple Songs Can Fly ($165k), Covesville Child Development Center ($165k) and Menomonie Area Senior Center ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $30k (17% of expenses). Other salaries and wages came to $33k. At year end it held assets of $223k against liabilities of $244k, net assets of -$22k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.