Job Foundation

Analysis

Job Foundation is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Job Foundation reported income of $379k and spending of $442k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $372k to $379k (+1.7%), an average of +0.4% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Job Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Texas Christian Homeschool Prom ($379k), Family Learning Organization of ($379k) and Plumas Christian School Inc ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). Other salaries and wages came to $203k. At year end it held assets of $182k against liabilities of $2,256, net assets of $180k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.