Brockton Electricians Joint Apprenticeship and Training Trust

Analysis

Brockton Electricians Joint Apprenticeship and Training Trust is a registered charity in United States, based in Taunton, MA. It received its IRS tax-exemption ruling in April 1975, 51 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, Brockton Electricians Joint Apprenticeship and Training Trust reported income of $881k and spending of $540k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $881k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brockton Electricians Joint Apprenticeship and Training Trust sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Kollel Chazon Ish ($881k), Future Farmers of America ($882k) and Victory Center ($881k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $117k (22% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.5m against liabilities of $5,461, net assets of $1.4m. It reported 7 employees.