Job Connection Inc

Analysis

Job Connection Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 Connection Inc reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Job Connection 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 87th percentile within MT. Charities of a similar size with the same main cause include Handson Central Ohio Inc ($1.8m), Latrobe Area Hospital Charitable Foundation ($1.8m) and Neighborhood Cancer Connection ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $180k (10.0% of expenses). Other salaries and wages came to $969k. At year end it held assets of $2.2m against liabilities of $323k, net assets of $1.9m. It reported 43 employees.