Local Union No 125 Jatc Fund

Analysis

Local Union No 125 Jatc Fund is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in July 2002, 24 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 April 2024, Local Union No 125 Jatc Fund reported income of $1.9m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.3m to $1.9m (+44%), an average of +9.6% a year. The sharpest change came in the year to April 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local Union No 125 Jatc 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 87th percentile within IA. Charities of a similar size with the same main cause include John a Gupton College ($1.9m), Scholarship Fund of Alexandria ($1.9m) and Willowwind School ($1.9m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $180k (8.7% of expenses). Other salaries and wages came to $623k. At year end it held assets of $4.9m against liabilities of $198k, net assets of $4.7m. It reported 17 employees.