Joint Apprenticeship & Training Comm

Analysis

Joint Apprenticeship & Training Comm is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in November 1948, 78 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Joint Apprenticeship & Training Comm reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+4.2%), an average of +1.0% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joint Apprenticeship & Training Comm sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Arc Alliance ($1.9m), Partners Achieving Community Transformation Inc ($1.9m) and Rochester Downtown Development Corporation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $304k (16% of expenses). Other salaries and wages came to $578k. At year end it held assets of $4.3m against liabilities of $63k, net assets of $4.2m. It reported 46 employees.