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Jobs for Delaware Graduates Inc

RegisteredEIN 51-0234401Dover, DECommunity and economic development
Income$4.7m2024-06
Spending$4.3msame year
Spent / received90%5-year average
Size in its cause92nd pctCommunity and economic development
Exempt since1981Publicly supported organisat
Employees74latest return

Analysis

Jobs for Delaware Graduates Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in May 1981, 45 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 2024, Jobs for Delaware Graduates Inc reported income of $4.7m and spending of $4.3m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $4.7m (+19%), an average of +4.4% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jobs for Delaware Graduates Inc 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 92nd percentile within DE. Charities of a similar size with the same main cause include Dpi Group ($4.7m), Aerospace Machinists Joint Trainiing Committee ($4.7m) and Hudson Yards Development Corporation ($4.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $224k (5.2% of expenses). Other salaries and wages came to $2.7m. It paid $22k in professional fundraising fees. At year end it held assets of $5.4m against liabilities of $186k, net assets of $5.2m. It reported 74 employees.

Income and spending

$0$1.2m$2.4m$3.5m$4.7m2020 Income: $3,951,7522020 Spending: $3,693,62520202021 Income: $4,490,5032021 Spending: $3,538,50020212022 Income: $4,170,6182022 Spending: $3,916,02820222023 Income: $4,496,3502023 Spending: $4,211,96320232024 Income: $4,701,8882024 Spending: $4,342,0852024
IncomeSpending

Where the income comes from

  • Contributions & grants 82%
  • Program services 16%
  • Other 2.3%

Similar-sized charities, same cause

CharityLocationIncome
Dpi GroupPortland$4.7m
Aerospace Machinists Joint Trainiing CommitteeSeattle$4.7m
Hudson Yards Development CorporationNew York$4.7m
Jamestown Center City Development CorporationJamestown$4.7m