Residential Construction Workforce Partnership

Analysis

Residential Construction Workforce Partnership is a registered charity in United States, based in East Providence, RI. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Residential Construction Workforce Partnership reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.2m to $1.2m (-4.5%), an average of -2.3% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Residential Construction Workforce Partnership sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within RI. Charities of a similar size with the same main cause include Isoiteam Inc ($1.2m), Israel21c ($1.2m) and Southwestern Illinois Law Enforcement Commission ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $20k (1.8% of expenses). Other salaries and wages came to $416k. At year end it held assets of $481k against liabilities of $89k, net assets of $392k. It reported 9 employees.