Assisted Employment Services Inc

Analysis

Assisted Employment Services Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2022, 4 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, Assisted Employment Services Inc reported income of $69k and spending of $66k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $516k to $69k (-87%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assisted Employment Services Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Cca Foundation ($69k), Crown Heights North Association Inc ($69k) and Columbia City Connect Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (50% of expenses). Other salaries and wages came to $22k. At year end it held assets of $9,118 against liabilities of $0, net assets of $9,118.