Joint Apprenticeship Program Fund Asbestos Workers Local No 2

Analysis

Joint Apprenticeship Program Fund Asbestos Workers Local No 2 is a registered charity in United States, based in Aliquippa, PA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 April 2024, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 reported income of $1.0m and spending of $922k, spending 90% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $1.4m to $1.0m (-24%), an average of -6.8% a year. The sharpest change came in the year to April 2022, when income rose by 117%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Council of State Community Developm Ent Agencies ($1.0m), Division-Midway Alliance for Community Improvement ($1.0m) and Christian World Outreach ($1.0m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $425k (46% of expenses). Other salaries and wages came to $71k. At year end it held assets of $7.7m against liabilities of $330k, net assets of $7.4m. It reported 5 employees.