Kuhn Employment Opportunities Inc

Analysis

Kuhn Employment Opportunities Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in July 1964, 62 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kuhn Employment Opportunities Inc reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.6m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kuhn Employment Opportunities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Washington Vocational Services Inc ($4.6m), Metafund Corporation ($4.6m) and National Association of City Transportation Officials Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $275k (6.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.2m against liabilities of $1.5m, net assets of $744k. It reported 69 employees.