Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc

Analysis

Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2023, Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc reported income of $6.2m and spending of $4.1m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $6.2m (+264%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Hillel School of Tampa Inc ($6.2m), Interdistrict School for Arts and Communication Inc ($6.2m) and Florida Southwestern State College Foundation Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $10.0m against liabilities of $2.1m, net assets of $7.9m. It reported 34 employees.