Working Classroom Inc

Analysis

Working Classroom Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Working Classroom Inc reported income of $494k and spending of $554k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $494k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Working Classroom Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Leaders2give Inc ($494k), Good Samaritan Agency ($495k) and Lean Ensemble Theater ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $143k (26% of expenses). Other salaries and wages came to $74k. At year end it held assets of $688k against liabilities of $310k, net assets of $377k. It reported 4 employees.