Services for Extended Employment Inc

Analysis

Services for Extended Employment Inc is a registered charity in United States, based in Piedmont, MO. It received its IRS tax-exemption ruling in July 1975, 51 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 2024, Services for Extended Employment Inc reported income of $320k and spending of $322k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $215k to $320k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Services for Extended Employment Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include LA Puente Community Foundation ($319k), Elkins Depot Welcome Center CVB Inc ($320k) and Cornerstone Initiative Inc ($319k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $206k. At year end it held assets of $192k against liabilities of $7,432, net assets of $185k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.