Rocky Mountain Ser Jobs for Progress Inc

Analysis

Rocky Mountain Ser Jobs for Progress Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1981, 45 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, Rocky Mountain Ser Jobs for Progress Inc reported income of $2.3m and spending of $2.6m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.1m to $2.3m (-90%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 61%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rocky Mountain Ser Jobs for Progress Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Jefferson East Inc ($2.3m), Pacific Coast Community Services ($2.3m) and Cares of Washington ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $102k (4.0% of expenses). Other salaries and wages came to $770k. At year end it held assets of $5.1m against liabilities of $2.4m, net assets of $2.7m. It reported 22 employees.