Jobs for Americas Graduates Inc

Analysis

Jobs for Americas Graduates Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1980, 46 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, Jobs for Americas Graduates Inc reported income of $7.5m and spending of $7.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $7.5m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 97% 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 Americas Graduates Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Twin Valley Developmental Services Inc ($7.5m), Forge City Works ($7.6m) and Groundtruth Project Inc ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $6.7m against liabilities of $1.9m, net assets of $4.9m.