Missouri Workers Center

Analysis

Missouri Workers Center is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Missouri Workers Center reported income of $1.1m and spending of $758k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $363k to $1.1m (+192%), an average of +192% a year. The sharpest change came in the year to December 2023, when income rose by 192%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri Workers Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Opportunities Industrialization Center of Oklahoma County Inc ($1.1m), Chattanooga Regional Homeless Coalition Inc ($1.1m) and WV Hive Network Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $70k (9.2% of expenses). Other salaries and wages came to $416k. At year end it held assets of $1.0m against liabilities of $643k, net assets of $395k. It reported 27 employees.