Office of Port Job Opportunities and Business Support

Analysis

Office of Port Job Opportunities and Business Support is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1993, 33 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 December 2023, Office of Port Job Opportunities and Business Support reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.9m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Office of Port Job Opportunities and Business Support sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include M O L I F E Inc ($2.9m), West Central Wisconsin Workforce Development Board Inc ($2.9m) and Communites in Schools Southeast Texas Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $208k (7.4% of expenses). Other salaries and wages came to $814k. At year end it held assets of $3.1m against liabilities of $1.3m, net assets of $1.8m. It reported 14 employees.