Why your coworking space needs an Impact Report

Key Takeaways

• Impact reports show how your coworking space creates value—for your members, community, and local economy.
  
  
• They’re essential for grant renewals, public funding, and community buy-in.
  
  
• A strong impact report tells a story with data, testimonials, and visuals.
  
  
• Operators can use impact reports to attract sponsors, board support, and new members.
  
  
• Your management platform (like Coworks!) can help gather the data you need.

The case for creating an Impact Report

Most coworking operators wear a lot of hats: community builder, event planner, tech support, and on top of that—marketer and advocate.

That last one? That’s where an Impact Report becomes your secret weapon.

An Impact Report is not just a grant requirement or an internal check-in. It’s a tool to prove—on paper and in person—that your coworking space is doing what it was designed to do: foster growth, create connections, and support the local economy.

Think of it as a way to turn your values and outcomes into something measurable—and memorable.

Whether you're running a community-led coworking space in a rural town or managing a bustling urban hub, this report helps tell your story to the people who need to hear it.

What an Impact Report should do

Your report should go beyond member counts and events held. It should show:

1. Tangible outcomes

• How many members found jobs or launched businesses?
  
  
• How much local spending did your events generate?
  
  
• What percentage of members collaborated on projects?
  
  

2. Community value

• Did nonprofits host meetings or trainings in your space?
  
  
• Did you offer affordable access to tech or internet?
  
  
• Were you a resource for local government or education?
  
  

3. Member stories

• Include testimonials or short profiles.
  
  
• Highlight “beneficial collisions” where members connected unexpectedly.

4. Visual proof

• Charts, infographics, and photos go a long way.
  
  
• Include before-and-after stories or space improvements.
  
  

How to use your Impact Report

This collection of data isn’t something you file away—it’s something you share, often and with purpose.

Here’s how coworking operators can make the most of their report:

→ Share it with funders and grant panels

For community spaces supported by public funds or foundations, a detailed Impact Report is essential for renewals and new funding opportunities.

→Empower your board and stakeholders

Give your board members a tool they can use to advocate on your behalf. It shows progress, ROI, and vision.

→Attract local partnerships

Want to collaborate with the Chamber of Commerce? Land a local sponsor? An Impact Report is your credibility builder.

→Showcase it online

Post highlights on your blog, LinkedIn, or social channels. This transparency builds trust with current and future members.

→Use it in your pitch deck

Trying to attract investors or launch a second location? Your Impact Report becomes your social proof.

Where does Coworks software come in?

If gathering all this data feels overwhelming, good news: your coworking software can help.

Using Coworks, you can easily pull:

• Member usage stats
  
  
• Space booking data
  
  
• Revenue breakdowns
  
  
• Community event metrics
  
  

And with tools like announcements and surveys, you can collect testimonials or feedback to round out your report.

"We needed a breakdown of everything for our grant renewal," said Kayla Collins, Operations Manager at CoSquare. "Coworks made it easy to pull reports and present the data."

You’re already making an impact—now show it

If you’ve ever helped a freelancer land a client, hosted a community gathering, or offered someone reliable internet, they’re wins worth documenting.

Your Impact Report doesn’t have to be complicated. It just has to be honest, organized, and shared.

You’re doing the work. Let the world see it.

Ready to start building your own Impact Report? Book a demo with Coworks and let us help you gather the insights that matter.