Plumbers Joint Apprentice &

Analysis

Plumbers Joint Apprentice & is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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 March 2023, Plumbers Joint Apprentice & reported income of $560k and spending of $644k, spending 115% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $680k to $560k (-18%), an average of -6.3% a year. The sharpest change came in the year to March 2023, when income rose by 22%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plumbers Joint Apprentice & sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include San Jose Chamber Orchestra ($560k), California Capital Aquatics ($560k) and Valley Center High School Foundation ($560k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 30% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $115k (18% of expenses). Other salaries and wages came to $155k. At year end it held assets of $844k against liabilities of $15k, net assets of $829k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.