Harrisburg Electricians Joint Apprenticeship & Training TR Fund

Analysis

Harrisburg Electricians Joint Apprenticeship & Training TR Fund is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in March 1971, 55 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 2024, Harrisburg Electricians Joint Apprenticeship & Training TR Fund reported income of $990k and spending of $757k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $928k to $990k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harrisburg Electricians Joint Apprenticeship & Training TR Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Jackets for Jobs Inc ($990k), Wadena County Day Activity Center Inc ($991k) and Ashworth Community Development Corporation ($989k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $152k (20% of expenses). Other salaries and wages came to $199k. At year end it held assets of $2.3m against liabilities of $27k, net assets of $2.2m. It reported 7 employees.