Roofers Local 195 Joint Apprenticeship Training Fund

Analysis

Roofers Local 195 Joint Apprenticeship Training Fund is a registered charity in United States, based in Liverpool, NY. It received its IRS tax-exemption ruling in December 1988, 38 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 June 2023, Roofers Local 195 Joint Apprenticeship Training Fund reported income of $611k and spending of $826k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $645k to $611k (-5.2%), an average of -1.7% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roofers Local 195 Joint Apprenticeship Training Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Avenue North Renaissance ($611k), Waukesha County Center for Growth Inc ($611k) and Cobiz Richmond Inc ($610k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $36k (4.3% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.6m against liabilities of $558k, net assets of $1.1m. It reported 14 employees.