Worktexas Training Center

Analysis

Worktexas Training Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Worktexas Training Center reported income of $2.8m and spending of $3.0m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $536k to $2.8m (+417%), an average of +73% a year. The sharpest change came in the year to June 2021, when income rose by 535%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Worktexas Training Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Jewish Community Center of Scranton Pa ($2.8m), Coris Place ($2.8m) and Rochester Friendly Senior Services ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $48k (1.6% of expenses). Other salaries and wages came to $575k. At year end it held assets of $6.2m against liabilities of $1.1m, net assets of $5.0m. It reported 97 employees.