Ashe County Job Development Inc

Analysis

Ashe County Job Development Inc is a registered charity in United States, based in Jefferson, NC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, 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, Ashe County Job Development Inc reported income of $185k and spending of $182k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $262k to $185k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 123% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ashe County Job Development Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Friends of Coal Ladies Auxiliiary ($185k), Center for Participatory Change Inc ($185k) and Yorktown Community Development Corporation ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $997k against liabilities of $0, net assets of $997k.