San Diego Workforce Partnership Inc

Analysis

San Diego Workforce Partnership Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1995, 31 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, San Diego Workforce Partnership Inc reported income of $33.6m and spending of $33.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.1m to $33.6m (+19%), an average of +4.5% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Diego Workforce Partnership Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include National Basketball Association Foundation ($33.5m), National Council for Community Development Inc ($33.6m) and Calvert Impact Capital Inc ($33.4m).

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 $1.6m (4.8% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $23.5m against liabilities of $20.8m, net assets of $2.7m. It reported 163 employees.