National Ironworkers and Employers Apprenticeship Training and Journe

Analysis

National Ironworkers and Employers Apprenticeship Training and Journe is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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 December 2023, National Ironworkers and Employers Apprenticeship Training and Journe reported income of $5.7m and spending of $6.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $5.7m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Ironworkers and Employers Apprenticeship Training and Journe sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Test Monitoring Center ($5.7m), Klamath Hospice Inc ($5.7m) and Ashton Memorial Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.3% of the total. At year end it held assets of $4.2m against liabilities of $258k, net assets of $3.9m.