Southeast Iowa Electrical Apprenticeship Training and Ed

Analysis

Southeast Iowa Electrical Apprenticeship Training and Ed is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in May 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 June 2024, Southeast Iowa Electrical Apprenticeship Training and Ed reported income of $328k and spending of $275k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $223k to $328k (+48%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Iowa Electrical Apprenticeship Training and Ed sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Childrens Rocky Mountain School Inc ($328k), Suburban Nursery School Inc ($328k) and New Life Foundation International Inc ($328k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. Other salaries and wages came to $148k. At year end it held assets of $386k against liabilities of $4,093, net assets of $382k. It reported 16 employees.