Glaziers Union Local 27 Joint Apprenticeship Fund

Analysis

Glaziers Union Local 27 Joint Apprenticeship Fund is a registered charity in United States, based in Lyons, IL. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Glaziers Union Local 27 Joint Apprenticeship Fund reported income of $1.4m and spending of $1.1m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glaziers Union Local 27 Joint Apprenticeship Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include East Lake Academy Inc ($1.4m), Hill School of Wilmington Inc ($1.4m) and Faith Christian Academy Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $371k. At year end it held assets of $1.4m against liabilities of $85k, net assets of $1.3m. It reported 4 employees.