Ohio Carpenters Joint Apprenticeship and Training Trust

Analysis

Ohio Carpenters Joint Apprenticeship and Training Trust is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Ohio Carpenters Joint Apprenticeship and Training Trust reported income of $9.1m and spending of $8.5m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.9m to $9.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Carpenters Joint Apprenticeship and Training Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Sierra Educational Advancement Corporation ($9.1m), Hannah Senesh Community Day School ($9.2m) and Washington Market School ($9.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $170k (2.0% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $11.0m against liabilities of $207k, net assets of $10.8m. It reported 56 employees.