National Pipeline Joint Apprenticeship and Training Trust

Analysis

National Pipeline Joint Apprenticeship and Training Trust is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 2003, 23 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, National Pipeline Joint Apprenticeship and Training Trust reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $3.1m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Pipeline Joint Apprenticeship and Training Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Alliance Education Services Incorporated ($3.1m), Yma Fashion Scholarship Fund ($3.1m) and Washtenaw Christian Academy ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $388k (13% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $13.3m against liabilities of $277k, net assets of $13.0m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.