International Brotherhood of Elec WKRS Local 325 JNT Apren & Tran TR

Analysis

International Brotherhood of Elec WKRS Local 325 JNT Apren & Tran TR is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in June 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, International Brotherhood of Elec WKRS Local 325 JNT Apren & Tran TR reported income of $520k and spending of $365k, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $529k to $520k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to August 2022, when income rose by 18%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Brotherhood of Elec WKRS Local 325 JNT Apren & Tran TR sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Haven of Peace ($520k), Sugar Creek Fire Department Inc ($520k) and Options for Women Mankato ($520k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $23k (6.2% of expenses). Other salaries and wages came to $51k. At year end it held assets of $2.3m against liabilities of $968k, net assets of $1.4m. It reported 16 employees.