Employ-Ability Unlimited Inc

Analysis

Employ-Ability Unlimited Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1997, 29 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, Employ-Ability Unlimited Inc reported income of $345k and spending of $343k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $356k to $345k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Employ-Ability Unlimited Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Bread of Life Inc ($345k), Cochise Family Advocacy Center Inc ($345k) and Family Promise of Greater Chattanooga Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.