Ready to Work Aurora

Analysis

Ready to Work Aurora is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ready to Work Aurora reported income of $1.6m and spending of $2.1m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ready to Work Aurora sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Grove City Food Pantry-Emergency Fund Inc ($1.6m), Manna Resource Center ($1.6m) and Ozarks Family YMCA Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.3m against liabilities of $5.1m, net assets of $214k. It reported 145 employees.