Community Institute for Career Advancement Inc

Analysis

Community Institute for Career Advancement Inc is a registered charity in United States, based in Denville, NJ. It received its IRS tax-exemption ruling in June 2012, 14 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 2020, Community Institute for Career Advancement Inc reported income of $307k and spending of $465k, spending 151% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $468k to $307k (-34%), an average of -34% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Institute for Career Advancement Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include South Central Dakota Regional Council ($307k), Cement Masons Joint Apprenticeship Committee Local Number 404 ($307k) and Downtown Sheridan Association ($307k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. Other salaries and wages came to $281k. At year end it held assets of $898k against liabilities of $596k, net assets of $303k. It reported 32 employees.