Careervillage Inc

Analysis

Careervillage Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Careervillage Inc reported income of $1.3m and spending of $2.1m, spending 158% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.3m (+29%), an average of +6.7% a year. The sharpest change came in the year to August 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Careervillage Inc 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 83rd percentile within CA. Charities of a similar size with the same main cause include Florida Futures Academy Charter Schools Inc ($1.3m), Ridgewood Public Library Foundation Inc ($1.3m) and Fremont Street Nursery Incorporated ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $152k (7.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $54k, net assets of $1.2m. It reported 14 employees.