Workwell Partnership

Analysis

Workwell Partnership is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Workwell Partnership reported income of $456k and spending of $368k, spending 81% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $199k to $456k (+130%), an average of +130% a year. The sharpest change came in the year to May 2024, when income rose by 130%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Workwell Partnership sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Atlantic University ($456k), JS Bryant School Inc ($456k) and New Horizons Foundations-A Sheet Metal Industry Initiative ($456k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $54k (15% of expenses). Other salaries and wages came to $173k. At year end it held assets of $259k against liabilities of $99k, net assets of $160k. It reported 10 employees.