Job Creators Network Foundation

Analysis

Job Creators Network Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in April 2011, 15 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, Job Creators Network Foundation reported income of $3.2m and spending of $3.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.2m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Job Creators Network Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Alternatives in Action ($3.2m), Kenwood-Oakland Community Organization ($3.2m) and Experimental Station ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $414k (11% of expenses). Other salaries and wages came to $446k. At year end it held assets of $240k against liabilities of $180k, net assets of $60k.