Employment Training Academy Inc

Analysis

Employment Training Academy Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Employment Training Academy Inc reported income of $112k and spending of $117k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $112k (+823%), an average of +824% a year. The sharpest change came in the year to December 2023, when income rose by 823%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employment Training Academy Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Lakewood Seward Park Community Club ($112k), Pay It Forward Local Inc ($112k) and Assets Toledo ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $95k. At year end it held assets of $23k against liabilities of $1,903, net assets of $21k. It reported 66 employees.