Pueblo Electrical Joint Apprenticeship and Training Trust

Analysis

Pueblo Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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, Pueblo Electrical Joint Apprenticeship and Training Trust reported income of $429k and spending of $500k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $429k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 31%. 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, Pueblo Electrical Joint Apprenticeship and Training Trust 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 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Scruggs Volunteer Fire Department and Rescue Squad Inc ($429k), National Cursillo Movement Inc ($429k) and Access Bellingham Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $77k (15% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.2m against liabilities of $2,433, net assets of $1.2m. It reported 16 employees.