Canton Area Plumbers Pipefitters & Refrig Joint Apprenticeship Comm

Analysis

Canton Area Plumbers Pipefitters & Refrig Joint Apprenticeship Comm is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in April 1976, 50 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, Canton Area Plumbers Pipefitters & Refrig Joint Apprenticeship Comm reported income of $606k and spending of $866k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $606k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Canton Area Plumbers Pipefitters & Refrig Joint Apprenticeship Comm sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Wilkinsburg Community Development Corporation ($606k), Germantown United Community Development Corporation ($606k) and Orthopedics Capital Foundation Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $189k. At year end it held assets of $893k against liabilities of $304, net assets of $893k. It reported 30 employees.