Washington Workforce Association

Analysis

Washington Workforce Association is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in October 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington Workforce Association reported income of $636k and spending of $523k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $636k (+72%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Workforce Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Greater St Louis County Fire Academy Inc ($636k), Camptonville Community Partnership ($636k) and Rhode Island Hispanic Chamber of Commerce ($636k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $318k against liabilities of $32k, net assets of $286k.