Ser-Jobs for Progress Inc - San Joaquin Valley

Analysis

Ser-Jobs for Progress Inc - San Joaquin Valley is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ser-Jobs for Progress Inc - San Joaquin Valley reported income of $7.9m and spending of $7.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $7.9m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ser-Jobs for Progress Inc - San Joaquin Valley sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Foundation for Excellence in Louisiana Public Broadcasting ($7.9m), Stella Adler Studio of Acting ($7.9m) and Center for Environmental Health Monitoring and Management ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $5,200 (0.1% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $7.1m against liabilities of $4.8m, net assets of $2.3m. It reported 212 employees.