Bricklayers & Masons Joint Apprenticeship & Training Fund

Analysis

Bricklayers & Masons Joint Apprenticeship & Training Fund is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in January 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Bricklayers & Masons Joint Apprenticeship & Training Fund reported income of $349k and spending of $268k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $460k to $349k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bricklayers & Masons Joint Apprenticeship & Training Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Methuen Arlington Neighborhood Inc ($348k), Urban Community Outreachincorporated ($349k) and Macedonia Community Development Corporation ($348k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 42% of the total. Other salaries and wages came to $95k. At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m. It reported 5 employees.