Milwaukee Area Sheet Metal Apprenticeship & Training TR

Analysis

Milwaukee Area Sheet Metal Apprenticeship & Training TR is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in December 1975, 51 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, Milwaukee Area Sheet Metal Apprenticeship & Training TR reported income of $2.8m and spending of $1.1m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.8m (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukee Area Sheet Metal Apprenticeship & Training TR sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Paul R Brown Leadership Academy Inc ($2.8m), Mount Healthy Preparatory and Fitness Academy ($2.8m) and Coalicion de Latinos Americanos Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $276k. At year end it held assets of $6.2m against liabilities of $284k, net assets of $5.9m. It reported 8 employees.