Cleveland Plumbers Joint Apprenticeship Trust Fund

Analysis

Cleveland Plumbers Joint Apprenticeship Trust Fund is a registered charity in United States, based in Brooklyn HTS, OH. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 April 2023, Cleveland Plumbers Joint Apprenticeship Trust Fund reported income of $999k and spending of $818k, spending 82% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $961k to $999k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to April 2023, when income rose by 41%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cleveland Plumbers Joint Apprenticeship Trust Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Civic New Markets Support Corporation II ($999k), The Samaritan Community Inc ($1.0m) and The Houston Tscpa Foundation ($999k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $159k (19% of expenses). Other salaries and wages came to $165k. At year end it held assets of $1.3m against liabilities of $640, net assets of $1.3m. It reported 4 employees.