Core Career

Analysis

Core Career is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Core Career reported income of $1.3m and spending of $1.7m, spending 132% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $1.7m to $1.3m (-25%), an average of -25% a year. The sharpest change came in the year to September 2023, when income dropped by 25%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Core Career sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Options for Independence ($1.3m), Nami of Dupage County Illinois ($1.3m) and Services & Immigrant Rights & Education Network ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $244k (15% of expenses). Other salaries and wages came to $773k. It paid $54k in professional fundraising fees. At year end it held assets of $212k against liabilities of $618k, net assets of -$406k. It reported 10 employees.