Apprentice & Journey Man Training Trust Fund

Analysis

Apprentice & Journey Man Training Trust Fund is a registered charity in United States, based in Madison HTS, MI. It received its IRS tax-exemption ruling in May 2002, 24 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 May 2023, Apprentice & Journey Man Training Trust Fund reported income of $4.5m and spending of $3.6m, leaving 22% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $3.1m to $4.5m (+49%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Apprentice & Journey Man Training Trust Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Missouri Incutech Foundation ($4.5m), Pittsburgh Regional Alliance ($4.5m) and Louisiana Industries for the Disabled Inc ($4.5m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $12.6m against liabilities of $1.1m, net assets of $11.5m.