Needatech Staffing

Analysis

Needatech Staffing is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Needatech Staffing reported income of $412k and spending of $597k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $412k (+282%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 189%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Needatech Staffing sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Columbus Coalition for the Homeless ($412k), Medgar-Evers College Student Faculty Association ($412k) and Greenback Volunteer Fire Dept Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (17% of expenses). Other salaries and wages came to $346k. At year end it held assets of $214k against liabilities of $70k, net assets of $144k. It reported 13 employees.