Institute for Workforce Development and Sustainability

Analysis

Institute for Workforce Development and Sustainability is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in January 2003, 23 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 September 2023, Institute for Workforce Development and Sustainability reported income of $599k and spending of $685k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $286k to $599k (+109%), an average of +20% a year. The sharpest change came in the year to September 2020, when income rose by 122%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Workforce Development and Sustainability sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Stem4real ($599k), Phoenix Public Library Foundation ($599k) and Indonesian Muslim Society in America ($599k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $119k. At year end it held assets of $503k against liabilities of $0, net assets of $503k.