Workers Lab

Analysis

Workers Lab is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Workers Lab reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $3.8m (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 63%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Workers Lab sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Opportunity Works Connecticut Inc ($3.8m), Chicago Neighborhood Initiatives Inc ($3.8m) and Phoenix Community Development and Investment Corporation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $340k (10% of expenses). Other salaries and wages came to $691k. At year end it held assets of $930k against liabilities of $311k, net assets of $619k. It reported 9 employees.