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Tri County Jobs for Ohios Graduates

RegisteredEIN 31-1204720Akron, OHCommunity and economic development
Income$6.6m2023-06
Spending$6.1msame year
Spent / received94%5-year average
Size in its cause94th pctCommunity and economic development
Exempt since1987Publicly supported organisat
Employees265latest return

Analysis

Tri County Jobs for Ohios Graduates is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in July 1987, 39 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, Tri County Jobs for Ohios Graduates reported income of $6.6m and spending of $6.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $6.6m (+86%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri County Jobs for Ohios Graduates sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Hanalei Initiative ($6.6m), National Association of Electrical Distributors Education Foundation ($6.6m) and York County Shelter Programs Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $225k (3.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $3.5m against liabilities of $1.4m, net assets of $2.2m. It reported 265 employees.

Income and spending

$0$1.7m$3.3m$5.0m$6.6m2019 Income: $3,560,6662019 Spending: $3,397,93320192020 Income: $3,618,9772020 Spending: $3,669,96120202021 Income: $4,972,5552021 Spending: $4,462,51420212022 Income: $4,932,9842022 Spending: $4,601,63520222023 Income: $6,605,1912023 Spending: $6,092,5632023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 7.9%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Hanalei InitiativeHanalei$6.6m
National Association of Electrical Distributors Education FoundationSaint Louis$6.6m
York County Shelter Programs IncAlfred$6.6m
Workforce Development Board of South Central WisconsinMadison$6.6m