Abc Craftmasters Training TR

Analysis

Abc Craftmasters Training TR is a registered charity in United States, based in Beltsville, MD. It received its IRS tax-exemption ruling in April 2009, 17 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, Abc Craftmasters Training TR reported income of $1.0m and spending of $926k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $989k to $1.0m (+2.2%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Abc Craftmasters Training TR 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 MD. Charities of a similar size with the same main cause include Chautauqua County Rural Ministries Inc ($1.0m), New Jersey Chamber of Commerce Foundation ($1.0m) and Charlottesville Tomorrow ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2,549 (0.3% of expenses). Other salaries and wages came to $237k. At year end it held assets of $930k against liabilities of $427k, net assets of $503k. It reported 13 employees.