Canton Electrical Joint Apprenticeship & Training Committe

Analysis

Canton Electrical Joint Apprenticeship & Training Committe is a registered charity in United States, based in Massillon, OH. It received its IRS tax-exemption ruling in March 1969, 57 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 June 2023, Canton Electrical Joint Apprenticeship & Training Committe reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.6m (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canton Electrical Joint Apprenticeship & Training Committe sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Dav Thrift Stores Inc ($1.6m), Presbyterian Homes of Bradenton Inc ($1.6m) and Young Mens Christian Association of Brookville Pa ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $443k. At year end it held assets of $3.4m against liabilities of $35k, net assets of $3.4m. It reported 38 employees.