Roofers and Waterproofers Local 37 Joint Apprenticeship and Journeyma

Analysis

Roofers and Waterproofers Local 37 Joint Apprenticeship and Journeyma is a registered charity in United States, based in New Kensingtn, PA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 December 2023, Roofers and Waterproofers Local 37 Joint Apprenticeship and Journeyma reported income of $195k and spending of $295k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $195k (-31%), an average of -8.7% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roofers and Waterproofers Local 37 Joint Apprenticeship and Journeyma sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Midland Kiwanis Foundation ($195k), Marion and Walter C Bateman Jr Memorial Fund ($195k) and Twin Cities Public Action to Deliver Shelter Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $84k (29% of expenses). Other salaries and wages came to $35k. At year end it held assets of $435k against liabilities of $4,330, net assets of $431k. It reported 5 employees.