St Paul Plumbers Joint Journeymen & Apprentice Training Trust

Analysis

St Paul Plumbers Joint Journeymen & Apprentice Training Trust is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in July 1967, 59 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, St Paul Plumbers Joint Journeymen & Apprentice Training Trust reported income of $1.4m and spending of $797k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Paul Plumbers Joint Journeymen & Apprentice Training Trust sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include San Jose Mercury News Wish Book Fund Inc ($1.4m), Big Brothers Big Sisters of Greater ($1.4m) and United Community Centers Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $4,742 (0.6% of expenses). Other salaries and wages came to $353k. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 27 employees.