Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund

Analysis

Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund is a registered charity in United States, based in White Bear Lake, MN. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund reported income of $2.0m and spending of $1.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund 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 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Cristo Rey New York Corporate Work Study Program Inc ($2.0m), Atlantic Institute of Oriental Medicine ($2.0m) and Pope John Paul II High School ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $672k. At year end it held assets of $6.7m against liabilities of $856k, net assets of $5.8m. It reported 26 employees.