Heart of America Chapter Abc Apprenticeship Trust Fund

Analysis

Heart of America Chapter Abc Apprenticeship Trust Fund is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2023, Heart of America Chapter Abc Apprenticeship Trust Fund reported income of $859k and spending of $881k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $838k to $859k (+2.5%), an average of +0.6% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart of America Chapter Abc Apprenticeship Trust Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include West Central Illinois Case Coordination Unit ($859k), St Louis Waldorf Association ($859k) and New Life for Youth Inc ($859k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 100% of the total. Other salaries and wages came to $233k. At year end it held assets of $2.1m against liabilities of $169k, net assets of $1.9m. It reported 21 employees.