Employment Network of SW FL Inc

Analysis

Employment Network of SW FL Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in November 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Employment Network of SW FL Inc reported income of $172k and spending of $186k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $172k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 133% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employment Network of SW FL Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Chippewa Falls Main Street Inc ($172k), Liberty Foundation Inc ($172k) and Minerva Education and Development Foundation ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $120k against liabilities of $332k, net assets of -$212k.