Employ America

Analysis

Employ America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2019, 7 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, Employ America reported income of $536k and spending of $848k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $602k to $536k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Employ America sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Rebuild Superior Inc ($536k), Build From Within Alliance ($536k) and Brainerd Lakes Area Development Corporation ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $370k (44% of expenses). Other salaries and wages came to $268k. At year end it held assets of $590k against liabilities of $42k, net assets of $549k.