Holbrook First Step Workshop Inc
Analysis
Holbrook First Step Workshop Inc is a registered charity in United States, based in Joseph City, AZ. It received its IRS tax-exemption ruling in October 1976, 50 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 (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 2024, Holbrook First Step Workshop Inc reported income of $414k and spending of $344k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $414k (+81%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Holbrook First Step Workshop Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Millionaire Mastermind Academy Inc ($414k), Montana Safety Services Council Inc ($414k) and Viva Downtown Redding Inc ($414k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Other salaries and wages came to $260k. At year end it held assets of $209k against liabilities of $2,359, net assets of $207k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Millionaire Mastermind Academy Inc | Atlanta | $414k |
| Montana Safety Services Council Inc | Billings | $414k |
| Viva Downtown Redding Inc | Redding | $414k |
| Heart of the Tree City Inc | Greensburg | $414k |