Lansing Electrical Joint Apprenticeship & Training Trust

Analysis

Lansing Electrical Joint Apprenticeship & Training Trust is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lansing Electrical Joint Apprenticeship & Training Trust reported income of $1.4m and spending of $1.0m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $782k to $1.4m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lansing Electrical Joint Apprenticeship & Training Trust sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include American Indian Law Center Inc ($1.4m), Nazareth Villages Inc ($1.4m) and Coalition for Social Justice Education Fund Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 90% of the total. Other salaries and wages came to $354k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 7 employees.