Jatc Insulation Contractors Assoc Heat & Frost Insulators Local 50

Analysis

Jatc Insulation Contractors Assoc Heat & Frost Insulators Local 50 is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in December 1970, 56 years ago. 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 December 2023, Jatc Insulation Contractors Assoc Heat & Frost Insulators Local 50 reported income of $233k and spending of $154k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $233k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jatc Insulation Contractors Assoc Heat & Frost Insulators Local 50 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Corvallis-Benton County Council of Religious Organizations Inc ($233k), Grambling University National Alumni Association ($233k) and Harris Hill Soaring Corporation ($233k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $36k. At year end it held assets of $440k against liabilities of $0, net assets of $440k. It reported 11 employees.