Southeastern Sheet Metal Joint Apprenticeship Training Fund

Analysis

Southeastern Sheet Metal Joint Apprenticeship Training Fund is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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 December 2023, Southeastern Sheet Metal Joint Apprenticeship Training Fund reported income of $224k and spending of $122k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $224k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Sheet Metal Joint Apprenticeship Training Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Pacific Environmental Education Center ($224k), Home Care & Hospice Alliance of Maine ($224k) and Poverty Solutions Group Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $27k. At year end it held assets of $503k against liabilities of $3,028, net assets of $500k.