Dakotas Area Electrical Apprenticeship & Training Fund Tru

Analysis

Dakotas Area Electrical Apprenticeship & Training Fund Tru is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in November 2014, 12 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, Dakotas Area Electrical Apprenticeship & Training Fund Tru reported income of $1.5m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+23%), an average of +5.2% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dakotas Area Electrical Apprenticeship & Training Fund Tru sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ND. Charities of a similar size with the same main cause include Hunting Park Christian Academy ($1.5m), Steel City Squash Inc ($1.5m) and Institute for Responsible Citizenship Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $668k. At year end it held assets of $2.5m against liabilities of $381k, net assets of $2.1m. It reported 37 employees.