Iowa State Trowel Trades Apprenticeship Trade Trust Fund

Analysis

Iowa State Trowel Trades Apprenticeship Trade Trust Fund is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in December 1999, 27 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, Iowa State Trowel Trades Apprenticeship Trade Trust Fund reported income of $329k and spending of $351k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $329k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa State Trowel Trades Apprenticeship Trade Trust Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Eagan High School Football Boosters Club ($329k), Pierre School District No 32-2 Educational Foundation ($329k) and Farmington Central Academic Foundation ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $166k (47% of expenses). Other salaries and wages came to $45k. At year end it held assets of $507k against liabilities of $137k, net assets of $370k. It reported 4 employees.