Jack and Nancy Dwyer Workforce Development Center Inc

Analysis

Jack and Nancy Dwyer Workforce Development Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Jack and Nancy Dwyer Workforce Development Center Inc reported income of $613.9m and spending of $618.4m, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.0m to $613.9m (+59100%), an average of +2333% a year. The sharpest change came in the year to December 2022, when income rose by 15885%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jack and Nancy Dwyer Workforce Development Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MD. Charities of a similar size with the same main cause include Texas Health Physicians Group ($613.4m), Northwest Community Hospital ($616.0m) and Iowa Physicians Clinic Medical Foundation ($612.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $404k (0.1% of expenses). Other salaries and wages came to $288.3m. At year end it held assets of $874.5m against liabilities of $810.2m, net assets of $64.3m. It reported 12,194 employees.