Careersource Palm Beach County Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PRIMARY EXEMPT PURPOSE OF CAREERSOURCE PALM BEACH COUNTY, INC. IS CRAFTING AND OVERSEEING A WORKFORCE DEVELOPMENT STRATEGY THAT IS RESPONSIVE TO THE NEEDS AND CONCERNS OF EMPLOYERS AND JOB SEEKERS.
- Income
- $11.0 million
- Spending
- $11.2 million
- Spent on programs
- 92%
- Reserves
- 1.3 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 0
- Volunteers
- 23
- Highest pay
- $290,219, president &
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 11% of charities in its peer group (employment, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.3 months of spending.
Debt
5 of 20It owes 73% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
5 of 15Income fell 13% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 20% of charities in its peer group (employment, $10m to $100m).
Independent board
25 of 2523 of 23 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
0 of 10Did not give 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 June 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 (5)
- $5.3 million spent. WIOA ADULT AND DISLOCATED WORKER PROGRAMS CAREERSOURCE PALM BEACH COUNTY PROVIDED EMPLOYMENT AND TRAINING SERVICES TO ADULTS AND INDIVIDUALS IMPACTED BY JOB LOSS TO SUPPORT REEMPLOYMENT AND ECONOMIC SELF-SUFFICIENCY. IN PROGRAM YEAR 2024, PARTICIPANTS ACHIEVED STRONG EMPLOYMENT RETENTION AND WAGE OUTCOMES, INCLUDING PLACEMENT INTO HIGHER-WAGE JOBS THAT SUPPORT LONG-TERM LABOR MARKET PARTICIPATION.
- $464,084 spent. WIOA YOUTH PROGRAM THE WIOA YOUTH PROGRAM PROVIDED EDUCATION, TRAINING, AND CAREER READINESS SERVICES TO HELP YOUNG PEOPLE COMPLETE EDUCATION AND PREPARE FOR EMPLOYMENT. IN PROGRAM YEAR 2024, PARTICIPANTS ACHIEVED HIGH CREDENTIAL ATTAINMENT AND EMPLOYMENT OUTCOMES, STRENGTHENING LONG-TERM EMPLOYABILITY AND CAREER PATHWAYS.
- $1.2 million spent. TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) - WELFARE TRANSITION PROGRAM THE TANF PROGRAM SUPPORTED INDIVIDUALS RECEIVING PUBLIC ASSISTANCE IN TRANSITIONING TO UNSUBSIDIZED EMPLOYMENT. DURING PROGRAM YEAR 2024, CAREERSOURCE PALM BEACH COUNTY SERVED MORE THAN 1,100 PARTICIPANTS, ACHIEVING THE HIGHEST AVERAGE ENTERED EMPLOYMENT WAGE IN THE STATE AT 19.01 PER HOUR, SUPPORTING FAMILY STABILITY AND REDUCED RELIANCE ON PUBLIC ASSISTANCE.
- $3.3 million spent. OTHER U.S. DEPARTMENT OF LABOR, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, US DEPT OF AGRICULTURE, US DEPT OF COMMERCE AND US DEPARTMENT OF EDUCATION PROGRAM SERVICES.
- OTHER U.S. DEPARTMENT OF LABOR, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, US DEPT OF AGRICULTURE, US DEPT OF COMMERCE AND US DEPARTMENT OF EDUCATION PROGRAM SERVICES.
Source: Form 990 for the year ending June 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 September 7, 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 September 30, 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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.