Job Opportunities Task Force Inc

Analysis

Job Opportunities Task Force Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2001, 25 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 2023, Job Opportunities Task Force Inc reported income of $1.9m and spending of $1.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $968k to $1.9m (+93%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Job Opportunities Task Force Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Strive Incorporated ($1.9m), Sylvester Broome Empowerment Village ($1.9m) and Regional Accelerator & Innovation Network ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $166k (9.6% of expenses). Other salaries and wages came to $466k. At year end it held assets of $1.4m against liabilities of $402k, net assets of $1.0m. It reported 12 employees.