Center for Employment Education

Analysis

Center for Employment Education is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Employment Education reported income of $328k and spending of $542k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $773k to $328k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Employment Education sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within AK. Charities of a similar size with the same main cause include Morristown Covenant Academy ($328k), Deep Roots School Inc ($328k) and Calculated Genius Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $42k against liabilities of $783k, net assets of -$741k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.