Employment Research & Development Institute

Analysis

Employment Research & Development Institute is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Employment Research & Development Institute reported income of $271k and spending of $251k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $271k (-7.5%), an average of -1.9% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Employment Research & Development Institute 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 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Indiana Medical History Museum Inc ($271k), Colorado Music Hall of Fame ($271k) and Fort Wayne Youtheatre Incorporated ($271k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $174k (69% of expenses). At year end it held assets of $55k against liabilities of $5,226, net assets of $50k. It reported 1 employees.