Career Partners Inc

Analysis

Career Partners Inc is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, Career Partners Inc reported income of $93k and spending of $130k, spending 141% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $63k to $93k (+46%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Career Partners Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Sweetgrass Lodge Bequest Fund Inc ($93k), Formak ($93k) and Civic Literacy and Service Project ($93k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $551k against liabilities of $132k, net assets of $418k.