Electrician Training Academy at Knoxville

Analysis

Electrician Training Academy at Knoxville is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Electrician Training Academy at Knoxville reported income of $792k and spending of $739k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $710k to $792k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Electrician Training Academy at Knoxville sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include North County Education Foundation Inc ($791k), Dr Annise Mabry Foundation ($792k) and New Hampshire Assoc of Special Education Administrators Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $92k (12% of expenses). Other salaries and wages came to $53k. At year end it held assets of $855k against liabilities of $3,702, net assets of $852k. It reported 5 employees.