Employ Ability Inc

Analysis

Employ Ability Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Ability Inc reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.6m to $2.1m (-54%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 64%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Employ Ability Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include A Step Ahead Foundation Inc ($2.1m), Sunrise Community of Alabama Inc ($2.1m) and National Association of Agricultural Educators Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $225k (10% of expenses). Other salaries and wages came to $970k. At year end it held assets of $1.2m against liabilities of $179k, net assets of $1.0m. It reported 30 employees.