Stateswork Inc

Analysis

Stateswork Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stateswork Inc reported income of $132k and spending of $35k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $258k to $132k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stateswork Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 23rd percentile within DC. Charities of a similar size with the same main cause include The Dreamcatcher Foundation ($132k), Greenhouse Community Center ($132k) and Hunger Prevention Council of Pierce County Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.