Okaloosa-Walton Jobs and Education Partnership Inc

Analysis

Okaloosa-Walton Jobs and Education Partnership Inc is a registered charity in United States, based in Shalimar, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Okaloosa-Walton Jobs and Education Partnership Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.7m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Okaloosa-Walton Jobs and Education Partnership Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Ohio State Eagles Charity Fund Inc ($2.7m), Durham Crisis Response Center ($2.7m) and Your Harvest House ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $215k (8.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $729k against liabilities of $319k, net assets of $410k. It reported 37 employees.