Cement Masons Local No 131 Joint Apprenticeship Fund

Analysis

Cement Masons Local No 131 Joint Apprenticeship Fund is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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 December 2023, Cement Masons Local No 131 Joint Apprenticeship Fund reported income of $66k and spending of $88k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $66k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cement Masons Local No 131 Joint Apprenticeship Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Granville County Fuller Center Housing ($66k), PTA California Congress of Parents Teachers & Students Inc ($66k) and Friends of the Tewksbury Public Library Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 66% of the total. At year end it held assets of $175k against liabilities of $2,847, net assets of $172k.