Office Careers

Analysis

Office Careers is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Office Careers reported income of $758k and spending of $1.1m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $758k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 131% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Office Careers 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 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Metropolitan Housing Development ($757k), Spark ($758k) and Destination Innovation Inc ($757k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $330k (30% of expenses). Other salaries and wages came to $177k. At year end it held assets of $73k against liabilities of $1.4m, net assets of -$1.3m. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.