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Coalition for Workforce Diversity Inc

RegisteredEIN 85-0589926Louisville, KYCommunity and economic development
Income$136k2023-06
Spending$134ksame year
Spent / received91%2-year average
Size in its cause42nd pctCommunity and economic development
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Coalition for Workforce Diversity Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coalition for Workforce Diversity Inc reported income of $136k and spending of $134k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $154k to $136k (-11%), an average of -11% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coalition for Workforce Diversity Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within KY. Charities of a similar size with the same main cause include Main Street Fairmont Inc ($136k), Envision Athens Inc ($136k) and Project Hunger Inc ($136k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $74k against liabilities of $4,190, net assets of $70k.

Income and spending

$0$38k$77k$115k$154k2022 Income: $153,6072022 Spending: $130,82720222023 Income: $136,3242023 Spending: $134,2792023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 89%

Similar-sized charities, same cause

CharityLocationIncome
Main Street Fairmont IncFairmont$136k
Envision Athens IncAthens$136k
Project Hunger IncGrand Island$136k
Junior League of Tuscaloosa AlabamaTuscaloosa$136k