Northern Nevada Joint Apprentice & Training Comm for Elec Industry

Analysis

Northern Nevada Joint Apprentice & Training Comm for Elec Industry is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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 December 2023, Northern Nevada Joint Apprentice & Training Comm for Elec Industry reported income of $2.4m and spending of $2.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.4m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Nevada Joint Apprentice & Training Comm for Elec Industry sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include Grace House Inc ($2.4m), West End House Camp Inc ($2.4m) and Pasadena Livestock Show & Rodeo Association Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $158k (6.3% of expenses). Other salaries and wages came to $999k. At year end it held assets of $4.3m against liabilities of $367k, net assets of $4.0m. It reported 18 employees.