Klamath Works Inc
EIN: 811337449 · Klamath Falls, OR · NTEE: J21
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.9M |
| Net Assets | $655K |
Is Klamath Works Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Klamath Works Inc
Klamath Works Inc (EIN: 811337449) is a nonprofit organization based in Klamath Falls, OR, classified under NTEE code J21. The organization reported total revenue of $2.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Klamath Works Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Klamath Works Inc is a mid-size nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-225,573 |
| Total Assets | $680K |
| Total Liabilities | $26K |
| Net Assets | $655K |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Klamath Works Inc reported a deficit of $226K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Klamath Works Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.1% | +185.8% | -24.9% |
| 2022 | +51.8% | +26.2% | +104.0% |
| 2021 | +51.6% | +29.5% | +80.6% |
| 2020 | +0.6% | +1.4% | -2.0% |
| 2019 | -1.4% | +2.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Klamath Works Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Klamath Works Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $226K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about Klamath Works Inc
Is Klamath Works Inc a legitimate charity?
Klamath Works Inc (EIN: 811337449) is a registered tax-exempt nonprofit based in Oregon. It has 8 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. Financial health grade: C.
How does Klamath Works Inc spend its money?
Klamath Works Inc reported $2.7M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Klamath Works Inc tax-deductible?
Klamath Works Inc is registered as a tax-exempt nonprofit (EIN: 811337449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Klamath Works Inc located?
Klamath Works Inc is headquartered in Klamath Falls, Oregon and files with the IRS under EIN 811337449. It is classified under NTEE code J21.
How many years of IRS 990 filings does Klamath Works Inc have?
Klamath Works Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.7M in total revenue.
Filing History
IRS 990 filing history for Klamath Works Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Klamath Works Inc's revenue has grown by 483.6%, moving from $461K to $2.7M. Total assets increased by 140.5% over the same period, from $283K to $680K. Total functional expenses rose by 1392.4%, from $195K to $2.9M. In its most recent filing year (2023), Klamath Works Inc reported a deficit of $226K, with expenses exceeding revenue. The organization holds $26K in liabilities against $680K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $655K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.9M | $680K | $26K | — | — |
| 2022 | $1.4M | $1.0M | $906K | $26K | — | View 990 |
| 2021 | $927K | $808K | $444K | $89K | — | View 990 |
| 2020 | $612K | $624K | $246K | $10K | — | — |
| 2019 | $608K | $616K | $251K | $3K | — | View 990 |
| 2018 | $617K | $602K | $259K | $4K | — | View 990 |
| 2017 | $473K | $498K | $245K | $5K | — | View 990 |
| 2016 | $461K | $195K | $283K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.9M, and assets of $680K (revenue +91.1% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.0M, and assets of $906K (revenue +51.8% year-over-year).
- 2021: Revenue of $927K, expenses of $808K, and assets of $444K (revenue +51.6% year-over-year).
- 2020: Revenue of $612K, expenses of $624K, and assets of $246K (revenue +0.6% year-over-year).
- 2019: Revenue of $608K, expenses of $616K, and assets of $251K (revenue -1.4% year-over-year).
- 2018: Revenue of $617K, expenses of $602K, and assets of $259K (revenue +30.4% year-over-year).
- 2017: Revenue of $473K, expenses of $498K, and assets of $245K (revenue +2.6% year-over-year).
- 2016: Revenue of $461K, expenses of $195K, and assets of $283K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Klamath Works Inc:
Data Sources and Methodology
This transparency report for Klamath Works Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.