Career Connectors Network

Analysis

Career Connectors Network is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in August 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 December 2023, Career Connectors Network reported income of $484k and spending of $519k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $484k (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Career Connectors Network sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Rotary Club of Toms River Charitable Foundation Inc ($483k), Midlands Latino Community Development Corporation ($484k) and Matco Industries Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $266k (51% of expenses). At year end it held assets of $20k against liabilities of $51k, net assets of -$32k. It reported 3 employees.