Sourceamerica
Public records show a registered, tax-exempt organization in good standing.
What it says it does
INCREASE THE EMPLOYMENT OF PEOPLE WITH DISABILITIES BY BUILDING STRONG PARTNERSHIPS WITH THE FEDERAL GOVERNMENT AND ENGAGING A NATIONAL NETWORK OF NONPROFIT AGENCIES AND EXPERTS.
- Income
- $157.7 million
- Spending
- $145.8 million
- Spent on programs
- 94%
- Reserves
- 12.8 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 463
- Volunteers
- 23
- Highest pay
- $764,902, president & ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 97% of charities in its peer group (employment, over $100m).
Reserves
35 of 35Spendable reserves would cover 12.8 months of spending.
Debt
20 of 20It owes 12% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1594% of spending went to programs.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 33% of charities in its peer group (employment, over $100m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $128.2 million spent. SOURCEAMERICA IS A NATIONAL NONPROFIT THAT ADMINISTERS THE ABILITYONE PROGRAM - A PROGRAM THAT CREATES EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES THROUGH FEDERAL PRODUCT AND SERVICE CONTRACTS. WE ARE A BRIDGE BETWEEN OUR NETWORK CONTRACTORS AND FEDERAL CUSTOMERS, PROVIDING THE RESOURCES AND SUPPORT THEY NEED TO SUCCESSFULLY NAVIGATE THE ABILITYONE PROGRAM. TO LEARN MORE, VISIT SOURCEAMERICA.ORG
- $9.4 million spent. SOURCEAMERICA'S INVESTMENTS IN THE NETWORK REPRESENT STRATEGIC, LONG-TERM PROJECTS DESIGNED TO HELP NETWORK NONPROFIT AGENCIES SUCCESSFULLY PARTICIPATE IN THE ABILITYONE PROGRAM. THESE INVESTMENT PROJECTS TYPICALLY INVOLVE FUNDING OVER $100,000 AND FOCUS ON PROVIDING RESOURCES AND TOOLS ESSENTIAL FOR ABILITYONE PROGRAM PROJECTS AND REQUIREMENTS. FOR THE FISCAL YEAR, THE TOTAL INVESTMENTS IN THE NETWORK WERE $9,379,720. SEE SCHEDULE O FOR CONTINUATION. EXAMPLES OF NETWORK INVESTMENTS PLANNED FOR FY25 INCLUDE GRANTS TO SUPPORT THE IMPLEMENTATION OF NEW ABILITYONE COMMISSION COMPLIANCE POLICIES, GRANTS FOR NONPROFIT AGENCY TECHNOLOGY AND AUTOMATION ENHANCEMENTS FOR MANUFACTURERS, SOURCEAMERICA SPONSORED TRAINING PROGRAMS FOR IT AND KNOWLEDGE-BASED EMPLOYMENT, AND AN INVESTMENT IN A JOB BOARD TO ASSIST WITH FEDERAL CONTRACTOR RECRUITMENT EFFORTS.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1974.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.