Jobforward Inc

Analysis

Jobforward Inc is a registered charity in United States, based in Williston, VT. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Jobforward Inc reported income of $6.8m and spending of $6.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $6.8m (+173%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jobforward Inc 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 93rd percentile within VT. Charities of a similar size with the same main cause include The National Association of State Energy Officials ($6.8m), Tech Goes Home Incorporated ($6.8m) and Tashbar of Lakewood Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $210k (3.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.7m against liabilities of $1.5m, net assets of $2.2m. It reported 29 employees.