Local Union No 24 Dayton Area Joint Apprenticeship and Training

Analysis

Local Union No 24 Dayton Area Joint Apprenticeship and Training is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in September 1969, 57 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 June 2023, Local Union No 24 Dayton Area Joint Apprenticeship and Training reported income of $492k and spending of $349k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $375k to $492k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Local Union No 24 Dayton Area Joint Apprenticeship and Training sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Junior League of Palo Alto - Mid Peninsula ($492k), Rotary Club of Houston Foundation ($492k) and Change Center Inc ($492k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $72k (21% of expenses). Other salaries and wages came to $63k. At year end it held assets of $406k against liabilities of $33k, net assets of $373k. It reported 8 employees.