Sheet Metal Local 7 Zone 3 Apprenti Ceship Fund

Analysis

Sheet Metal Local 7 Zone 3 Apprenti Ceship Fund is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in September 1987, 39 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 December 2023, Sheet Metal Local 7 Zone 3 Apprenti Ceship Fund reported income of $391k and spending of $300k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $391k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheet Metal Local 7 Zone 3 Apprenti Ceship Fund sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Shumway Academy Ltd ($391k), Vestwood Education ($391k) and Learning Foundation Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.