Yes2jobs

Analysis

Yes2jobs is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yes2jobs reported income of $567k and spending of $131k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $567k (+471%), an average of +471% a year. The sharpest change came in the year to December 2023, when income rose by 471%. Over the whole period it spent 33% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yes2jobs sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Auburn Downtown Partnership Inc ($567k), Friends of Spannocchia ($568k) and Pink & Green Community Service Foundation ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (53% of expenses). At year end it held assets of $578k against liabilities of $0, net assets of $578k. It reported 1 employees.