Strategic Workforce Solutions

Analysis

Strategic Workforce Solutions is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in December 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 (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, Strategic Workforce Solutions reported income of $429k and spending of $189k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $251k to $429k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Strategic Workforce Solutions 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 68th percentile within MI. Charities of a similar size with the same main cause include Dress for Success Rochester Inc ($429k), College and Career Plaza ($429k) and Freedom Initiative ($429k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $373k against liabilities of $51k, net assets of $322k.