Center for Jobs and the Economy

Analysis

Center for Jobs and the Economy is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2013, 13 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, Center for Jobs and the Economy reported income of $226k and spending of $258k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $226k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Jobs and the Economy sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Professional Opticians of Florida Education Foundation Inc ($225k), Convene International Ministries Inc ($226k) and Metropolitan Affairs Coalition ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.