Work Training Center for the Handicapped Inc

Analysis

Work Training Center for the Handicapped Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in June 1970, 56 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 (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, Work Training Center for the Handicapped Inc reported income of $9.2m and spending of $6.9m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.7m to $9.2m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Work Training Center for the Handicapped Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Skills for Rhode Islands Future ($9.2m), Goodwill Industries of Northern Wisconsin & Upper Michigan Inc ($9.2m) and Goodwill Legacy Group Foundation Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $187k (2.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $7.9m against liabilities of $2.8m, net assets of $5.2m. It reported 155 employees.