Job Path Inc

Analysis

Job Path Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Job Path Inc reported income of $10.6m and spending of $11.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $10.6m (+4.8%), an average of +1.2% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Job Path Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Valley Consortium for Medical Education ($10.6m), Ascendus Inc ($10.6m) and Saw Inc ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $350k (3.1% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $8.1m against liabilities of $4.6m, net assets of $3.6m. It reported 229 employees.