Local USA 829 Apprenticeship and Training Fund

Analysis

Local USA 829 Apprenticeship and Training Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2001, 25 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, Local USA 829 Apprenticeship and Training Fund reported income of $186k and spending of $165k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $186k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Local USA 829 Apprenticeship and Training Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Latin American Rubber Association ($186k), Duluth Fall Festival Inc ($186k) and Washington Business Alliance Fund ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.