Linking Employment Abilities & Potential

Analysis

Linking Employment Abilities & Potential is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Linking Employment Abilities & Potential reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.6m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. 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, Linking Employment Abilities & Potential sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include We Stay-Nos Quedamos Inc ($1.6m), Eyebeam Atelier Inc ($1.6m) and Lemmon Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $121k (8.0% of expenses). Other salaries and wages came to $698k. At year end it held assets of $1.5m against liabilities of $773k, net assets of $776k. It reported 62 employees.