Public Works Alliance

Analysis

Public Works Alliance is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, 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, Public Works Alliance reported income of $2.1m and spending of $1.6m, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.3m to $2.1m (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Public Works Alliance sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Community Sheltered Workshop Inc ($2.1m), DBL Equity Partners ($2.1m) and Asociacion Pro Juventud Y Comunidad de Barrio Palmas Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $293k (18% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.6m against liabilities of $54k, net assets of $1.5m.