Jobpath Inc

Analysis

Jobpath Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 2004, 22 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, Jobpath Inc reported income of $3.2m and spending of $3.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.2m (+196%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jobpath Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Middle East Investment Initiative Inc ($3.2m), Indiana Construction Roundtable Foundation Inc ($3.2m) and First American Capital Corporation Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $111k (3.3% of expenses). Other salaries and wages came to $835k. At year end it held assets of $1.4m against liabilities of $672k, net assets of $747k. It reported 27 employees.