Good Jobs Institute

Analysis

Good Jobs Institute is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Jobs Institute reported income of $805k and spending of $997k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $607k to $805k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Good Jobs Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Orinda Intermediate School Parents Club Inc ($805k), Navigator Schools Support Corporation ($805k) and All Star Fundraising ($805k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $226k (23% of expenses). Other salaries and wages came to $517k. At year end it held assets of $1.8m against liabilities of $44k, net assets of $1.7m. It reported 5 employees.