Electrical Joint Apprenticeship and Training Committee of Northern Ind

Analysis

Electrical Joint Apprenticeship and Training Committee of Northern Ind is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in October 1958, 68 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, Electrical Joint Apprenticeship and Training Committee of Northern Ind reported income of $842k and spending of $764k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $668k to $842k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Electrical Joint Apprenticeship and Training Committee of Northern Ind sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Eastern Iowa Community College District Downtown Campus Foundatio ($842k), South Dakota Association of Healthcare Organizations Healthcar ($843k) and Blue Ridge Opportunity Services Inc ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $115k (15% of expenses). Other salaries and wages came to $111k. At year end it held assets of $2.1m against liabilities of $2,021, net assets of $2.1m. It reported 16 employees.