Evansville Electrical Joint Apprent and Training Committee

Analysis

Evansville Electrical Joint Apprent and Training Committee is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in February 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Evansville Electrical Joint Apprent and Training Committee reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.6m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Evansville Electrical Joint Apprent and Training Committee sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Community Building Institute Middletown ($1.6m), Northside Institutions Neighborhood Alliance Inc ($1.6m) and Plumbers-No 8 Educational Training Program Fund ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $224k (16% of expenses). Other salaries and wages came to $328k. At year end it held assets of $4.3m against liabilities of $1.1m, net assets of $3.2m. It reported 28 employees.