Ironworkers Local 12 Training & Education Joint Apprenticeship

Analysis

Ironworkers Local 12 Training & Education Joint Apprenticeship is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in April 2020, 6 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 June 2023, Ironworkers Local 12 Training & Education Joint Apprenticeship reported income of $422k and spending of $393k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $422k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ironworkers Local 12 Training & Education Joint Apprenticeship sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Southeast Kansas Career and Technical Education Center of Craw ($422k), Catskill-Hudson Area Health Education Center ($422k) and Stanly Community College Foundation Inc ($422k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $46k. At year end it held assets of $1.5m against liabilities of $416k, net assets of $1.0m.