Niagara County Electrical Joint Apprenticeship Training Committee

Analysis

Niagara County Electrical Joint Apprenticeship Training Committee is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in May 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 May 2023, Niagara County Electrical Joint Apprenticeship Training Committee reported income of $429k and spending of $290k, leaving 32% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $226k to $429k (+90%), an average of +17% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niagara County Electrical Joint Apprenticeship Training Committee sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include College and Career Plaza ($429k), Northern Illinois Center for Nonprofit Excellence ($429k) and Strategic Workforce Solutions ($429k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1,103 (0.4% of expenses). Other salaries and wages came to $56k. At year end it held assets of $919k against liabilities of $33k, net assets of $886k. It reported 18 employees.