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Clarksburg Electrical Joint Apprenticeship and Training Trust

RegisteredEIN 55-0483602Clarksburg, WVEducation and training
Income$188k2023-12
Spending$289ksame year
Spent / received118%5-year average
Size in its cause53rd pctEducation and training
Exempt since1977School
Employees12latest return

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

$0$82k$163k$245k$327k2018 Income: $246,2022018 Spending: $288,09720182020 Income: $210,4192020 Spending: $299,28120202021 Income: $326,8532021 Spending: $250,56920212022 Income: $220,9962022 Spending: $282,81920222023 Income: $187,8942023 Spending: $288,5392023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.8%
  • Program services 86%
  • Other 8.7%

Similar-sized charities, same cause

CharityLocationIncome
Parent Booster USA IncAustin$188k
Pleasant Valley Schools Educational FoundationRiverdale$188k
Parent Booster USA IncFlower Mound$188k
Handley Regional Library Endowment FundWinchester$188k