Sacramento Area Roofer Joint Apprenticeship Training Fund

Analysis

Sacramento Area Roofer Joint Apprenticeship Training Fund is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Sacramento Area Roofer Joint Apprenticeship Training Fund reported income of $352k and spending of $134k, leaving 62% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $686k to $352k (-49%), an average of -15% a year. The sharpest change came in the year to September 2023, when income rose by 77%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sacramento Area Roofer Joint Apprenticeship Training Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Folsom Economic Development Corporation ($352k), Local 624 Training Program ($352k) and National Association of Negro Business and Professional Womens C ($352k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.7m against liabilities of $15k, net assets of $1.7m. It reported 7 employees.