Milwaukee Area Cement Masons Joint Apprenticeship & Training Fund

Analysis

Milwaukee Area Cement Masons Joint Apprenticeship & Training Fund is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1979, 47 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Milwaukee Area Cement Masons Joint Apprenticeship & Training Fund reported income of $324k and spending of $247k, leaving 24% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $291k to $324k (+12%), an average of +2.8% a year. The sharpest change came in the year to November 2023, when income rose by 24%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milwaukee Area Cement Masons Joint Apprenticeship & Training Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Coastal Christian School Inc ($324k), Amy Montessori School Inc ($324k) and Telacu Housing Commerce II Inc ($324k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $34k (14% of expenses). Other salaries and wages came to $43k. At year end it held assets of $797k against liabilities of $564, net assets of $796k. It reported 2 employees.