Job Squad Inc

Analysis

Job Squad Inc is a registered charity in United States, based in Bridgeport, WV. It received its IRS tax-exemption ruling in September 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Job Squad Inc reported income of $8.9m and spending of $8.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $8.9m (+25%), an average of +5.7% 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, Job Squad Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within WV. Charities of a similar size with the same main cause include Allston Brighton Comm Dev Corp ($8.9m), Mission Asset Fund ($8.9m) and Tri-County Council for Southern Maryland ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $8.7m against liabilities of $834k, net assets of $7.8m. It reported 175 employees.