Development Workshop Inc
Analysis
Development Workshop Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in January 1974, 52 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 June 2024, Development Workshop Inc reported income of $4.5m and spending of $4.7m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.8m to $4.5m (-6.1%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 99% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Development Workshop Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within ID. Charities of a similar size with the same main cause include Educational Programs in Home Living ($4.5m), Progress Fund ($4.5m) and Bayou Community Foundation ($4.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 84% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $6.1m against liabilities of $1.1m, net assets of $5.0m. It reported 253 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.8%
- Program services 84%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Educational Programs in Home Living | Tacoma | $4.5m |
| Progress Fund | Greensburg | $4.5m |
| Bayou Community Foundation | Houma | $4.5m |
| Enableutah | Ogden | $4.5m |