Ann Arbor Joint Electrical Apprenticeship & Training Com

Analysis

Ann Arbor Joint Electrical Apprenticeship & Training Com is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ann Arbor Joint Electrical Apprenticeship & Training Com reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.7m (+59%), an average of +9.8% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ann Arbor Joint Electrical Apprenticeship & Training Com sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include One Stone Inc ($1.7m), Cave Canem Foundation Inc ($1.7m) and Central State University Innovation and Development Foundation ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $134k (10% of expenses). Other salaries and wages came to $491k. At year end it held assets of $3.0m against liabilities of $74k, net assets of $3.0m. It reported 13 employees.