Encore Employment Enterprise Inc

Analysis

Encore Employment Enterprise Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 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, Encore Employment Enterprise Inc reported income of $224k and spending of $265k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $224k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. 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, Encore Employment Enterprise Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Jobs with Justice Education Fund ($224k), Foundation for a Sustainable Community Inc ($224k) and Klamath Falls Downtown Association ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $129k. At year end it held assets of $45k against liabilities of $2,540, net assets of $43k. It reported 6 employees.