Employment Technology Inc

Analysis

Employment Technology Inc is a registered charity in United States, based in Levittown, PA. It received its IRS tax-exemption ruling in November 1987, 39 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 June 2023, Employment Technology Inc reported income of $479k and spending of $451k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $566k to $479k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. 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, Employment Technology Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include North Carolina Center for the Care of Huntingtons Disease Inc ($479k), Great Plains Development Inc ($479k) and Power of the Dream Inc ($479k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (10% of expenses). Other salaries and wages came to $267k. At year end it held assets of $106k against liabilities of $22k, net assets of $83k. It reported 20 employees.