Careers Support Solutions Inc

Analysis

Careers Support Solutions Inc is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Careers Support Solutions Inc reported income of $1.4m and spending of $1.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.4m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Careers Support Solutions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Bam Endowment Trust ($1.4m), East End United Community Center ($1.4m) and International Theological Seminary ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $147k (10.0% of expenses). Other salaries and wages came to $763k. At year end it held assets of $961k against liabilities of $423k, net assets of $538k. It reported 67 employees.