I B E W Local 163 Joint Apprentice & Training Committe

Analysis

I B E W Local 163 Joint Apprentice & Training Committe is a registered charity in United States, based in Nanticoke, PA. It received its IRS tax-exemption ruling in June 2016, 10 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 March 2023, I B E W Local 163 Joint Apprentice & Training Committe reported income of $905k and spending of $556k, leaving 39% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $470k to $905k (+92%), an average of +18% a year. The sharpest change came in the year to March 2022, when income rose by 49%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I B E W Local 163 Joint Apprentice & Training Committe sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Spiritual and Veda Alama Suda ($905k), Texas Asphalt Pavement Association Scholarship Program ($905k) and Will Motivation Inc ($904k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $195k. At year end it held assets of $2.4m against liabilities of $556k, net assets of $1.8m. It reported 17 employees.