Aerospace Machinists Joint Trainiing Committee

Analysis

Aerospace Machinists Joint Trainiing Committee is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aerospace Machinists Joint Trainiing Committee reported income of $4.7m and spending of $5.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.7m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aerospace Machinists Joint Trainiing Committee sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Jobs for Delaware Graduates Inc ($4.7m), Jamestown Center City Development Corporation ($4.7m) and Dpi Group ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $473k (9.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.7m against liabilities of $289k, net assets of $3.4m. It reported 65 employees.