Jobone

Analysis

Jobone is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in January 1971, 55 years ago. 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 2024, Jobone reported income of $5.2m and spending of $5.4m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.8m to $5.2m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jobone sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include The Enola Group Inc ($5.2m), Our Community Hospital Inc ($5.2m) and Coastal Educational Foundation Incorporated ($5.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 45% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $2.2m against liabilities of $261k, net assets of $2.0m. It reported 203 employees.