Cement Masons Apprenticeship and Training Fund

Analysis

Cement Masons Apprenticeship and Training Fund is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2024, 2 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 July 2023, Cement Masons Apprenticeship and Training Fund reported income of $727k and spending of $501k, leaving 31% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $409k to $727k (+78%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cement Masons Apprenticeship and Training Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Grant Christian School ($727k), Living Word Christian Academy and Daycare Inc ($727k) and American Diversity Group Inc ($727k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.4% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $81k (16% of expenses). Other salaries and wages came to $125k. At year end it held assets of $846k against liabilities of $12k, net assets of $834k. It reported 4 employees.