Emerging Workforce Initiative Inc

Analysis

Emerging Workforce Initiative Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Emerging Workforce Initiative Inc reported income of $110k and spending of $136k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $110k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emerging Workforce Initiative Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Society of St Vincent de Paul ($110k), I Dare to Care Association ($110k) and Rainbows End Ministries ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $7,446, net assets of $64k.