Parkersburg Joint Electrical Apprenticeship Training Committee

Analysis

Parkersburg Joint Electrical Apprenticeship Training Committee is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in December 1996, 30 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, Parkersburg Joint Electrical Apprenticeship Training Committee reported income of $293k and spending of $181k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $293k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Parkersburg Joint Electrical Apprenticeship Training Committee sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WV. Charities of a similar size with the same main cause include Fox Oakland Theater Inc ($293k), West Grand Neighborhood Organization ($293k) and Compassion Cafe ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 85% of the total. Other salaries and wages came to $76k. At year end it held assets of $750k against liabilities of $2,500, net assets of $747k. It reported 15 employees.