Logosworks

Analysis

Logosworks is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in March 2021, 5 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, Logosworks reported income of $448k and spending of $351k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $193k to $448k (+132%), an average of +132% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Logosworks sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Woodhaven District Management Association Inc ($448k), United Plant & Production Workers L 175 Apprenticeship Skil Improv F ($448k) and High Plains Community Development Corporation ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $322k against liabilities of $121k, net assets of $200k.