The Center for Employment Security Education and Research Inc

Analysis

The Center for Employment Security Education and Research Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1995, 31 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 September 2023, The Center for Employment Security Education and Research Inc reported income of $39.8m and spending of $38.0m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $30.0m to $39.8m (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Center for Employment Security Education and Research Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include American Film Institute Inc ($39.7m), Uss Midway Museum ($39.8m) and Los Angeles Opera Company ($39.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $1.1m (3.0% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $12.4m against liabilities of $7.1m, net assets of $5.3m. It reported 111 employees.