Lane Workforce Partnership

Analysis

Lane Workforce Partnership is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in October 1990, 36 years ago. 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 June 2023, Lane Workforce Partnership reported income of $6.2m and spending of $6.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.2m (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lane Workforce Partnership sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Community Health Partnership of Santa Clara County Incorporated ($6.2m), Mental Health Center of Passaic Inc ($6.2m) and New Haven Youth and Family Services Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $316k (5.0% of expenses). Other salaries and wages came to $486k. At year end it held assets of $963k against liabilities of $958k, net assets of $4,511. It reported 10 employees.