Publicworks Group

Analysis

Publicworks Group is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Publicworks Group reported income of $5.3m and spending of $4.1m, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.9m to $5.3m (+82%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Publicworks Group sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include East Bay German International School ($5.3m), Urban Dove Team Charter Schooliii ($5.3m) and U of O Foundation Supporting Organization ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $294k (7.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.9m against liabilities of $2.1m, net assets of $3.8m. It reported 46 employees.