New Century Careers

Analysis

New Century Careers is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2014, 12 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 (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, New Century Careers reported income of $578k and spending of $818k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $578k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Century Careers sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Myvillage Project ($578k), Prospera Georgia LLC ($578k) and Sheet Metal Workers Local No 4 Apprentice Training ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $116k (14% of expenses). Other salaries and wages came to $256k. At year end it held assets of $719k against liabilities of $202k, net assets of $518k. It reported 26 employees.