Clarksburg Electrical Joint Apprenticeship and Training Trust
Analysis
Clarksburg Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in March 1977, 49 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, Clarksburg Electrical Joint Apprenticeship and Training Trust reported income of $188k and spending of $289k, spending 154% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $246k to $188k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 118% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Clarksburg Electrical Joint Apprenticeship and Training Trust sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Parent Booster USA Inc ($188k), Pleasant Valley Schools Educational Foundation ($188k) and Parent Booster USA Inc ($188k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $54k (19% of expenses). Other salaries and wages came to $63k. At year end it held assets of $689k against liabilities of $18k, net assets of $671k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.8%
- Program services 86%
- Other 8.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Austin | $188k |
| Pleasant Valley Schools Educational Foundation | Riverdale | $188k |
| Parent Booster USA Inc | Flower Mound | $188k |
| Handley Regional Library Endowment Fund | Winchester | $188k |