Youngstown Area Electrical Jatc

Analysis

Youngstown Area Electrical Jatc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Youngstown Area Electrical Jatc reported income of $491k and spending of $486k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $491k (+10%), an average of +2.5% a year. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youngstown Area Electrical Jatc 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 Emerging Enterprise Center Inc ($491k), Change Center Inc ($492k) and Yellow Bike Project ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $83k (17% of expenses). Other salaries and wages came to $105k. At year end it held assets of $1.9m against liabilities of $164k, net assets of $1.7m. It reported 19 employees.