Savannah Electrical Joint Apprenticeship and Training Trust

Analysis

Savannah Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in May 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Savannah Electrical Joint Apprenticeship and Training Trust reported income of $596k and spending of $546k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $519k to $596k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Savannah Electrical Joint Apprenticeship and Training Trust 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 77th percentile within GA. Charities of a similar size with the same main cause include College Area Economic Development Corporation ($596k), Island Volunteer Caregivers ($596k) and Steinway Street District Management Association Inc ($596k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $172k. At year end it held assets of $363k against liabilities of $466, net assets of $363k. It reported 18 employees.