Northeast Iowa Iornworkers Local 89 Joint Apprshp & TRNG Comm Trust

Analysis

Northeast Iowa Iornworkers Local 89 Joint Apprshp & TRNG Comm Trust is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in May 2006, 20 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 June 2023, Northeast Iowa Iornworkers Local 89 Joint Apprshp & TRNG Comm Trust reported income of $358k and spending of $357k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $287k to $358k (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Iowa Iornworkers Local 89 Joint Apprshp & TRNG Comm Trust sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Morgan Lewis Foundation ($358k), Smoke Signals Community Services Inc ($358k) and Chanhassen Booster Club ($358k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $126k. At year end it held assets of $1.2m against liabilities of $7,699, net assets of $1.2m. It reported 8 employees.