Painters District Council No 58 Joint Apprenticeship Training Fund

Analysis

Painters District Council No 58 Joint Apprenticeship Training Fund is a registered charity in United States, based in Collinsville, IL. It received its IRS tax-exemption ruling in September 2001, 25 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 2023, Painters District Council No 58 Joint Apprenticeship Training Fund reported income of $609k and spending of $564k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $709k to $609k (-14%), an average of -3.7% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Painters District Council No 58 Joint Apprenticeship Training Fund 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 IL. Charities of a similar size with the same main cause include Palisades High School Booster Club Inc ($609k), S E a L Foundation Inc ($610k) and Research Institute for Waldorf Education Inc ($609k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $178k (32% of expenses). Other salaries and wages came to $143k. At year end it held assets of $993k against liabilities of $0, net assets of $993k. It reported 6 employees.