Employment Resources Inc

Analysis

Employment Resources Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 1990, 36 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, Employment Resources Inc reported income of $5.1m and spending of $4.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $5.1m (+193%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employment Resources Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Riverdale Neighborhood House Inc ($5.1m), South Central Iowa Community Action Program Inc ($5.1m) and Gadsden Progress Council ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $113k (2.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $3.4m against liabilities of $480k, net assets of $2.9m. It reported 233 employees.