Employment and Training Inc

Analysis

Employment and Training Inc is a registered charity in United States, based in Huntingdon, PA. It received its IRS tax-exemption ruling in February 1991, 35 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 and Training Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.0m (+7.6%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employment and Training Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Neighborhood Farmers Market Alliance ($2.0m), Southwest Partnership Inc ($2.0m) and Ibew Local Union 363 Joint Apprentice Training Fund ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $68k (3.4% of expenses). Other salaries and wages came to $556k. At year end it held assets of $592k against liabilities of $569k, net assets of $24k. It reported 80 employees.