Employ Milwaukee Inc

Analysis

Employ Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1993, 33 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, Employ Milwaukee Inc reported income of $18.6m and spending of $19.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $18.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employ Milwaukee Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Evansville Goodwill Industries Inc ($18.6m), Edwards Center Inc ($18.7m) and American Planning Association ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $283k (1.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $4.0m against liabilities of $4.7m, net assets of -$754k. It reported 1,650 employees.