Cement Masons Joint Apprenticeship Committee Local Number 404

Analysis

Cement Masons Joint Apprenticeship Committee Local Number 404 is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2020, 6 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, Cement Masons Joint Apprenticeship Committee Local Number 404 reported income of $307k and spending of $305k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $307k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cement Masons Joint Apprenticeship Committee Local Number 404 sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Community Institute for Career Advancement Inc ($307k), Project Return Florida Inc ($307k) and South Central Dakota Regional Council ($307k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $96k. At year end it held assets of $409k against liabilities of $11k, net assets of $398k. It reported 2 employees.