Career Learning & Employment Center for Veterans Inc

Analysis

Career Learning & Employment Center for Veterans Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2013, 13 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, Career Learning & Employment Center for Veterans Inc reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $969k to $1.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Career Learning & Employment Center for Veterans Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Gapps ($1.3m), Our Family Coalition ($1.3m) and Ohio Minority Supplier Development Council ($1.3m).

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 $125k (9.0% of expenses). Other salaries and wages came to $634k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 15 employees.