Gainesville Electrical Joint Apprenticeship & Trning Comm Inc

Analysis

Gainesville Electrical Joint Apprenticeship & Trning Comm Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2023, Gainesville Electrical Joint Apprenticeship & Trning Comm Inc reported income of $519k and spending of $500k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $520k to $519k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gainesville Electrical Joint Apprenticeship & Trning Comm Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Bali Childrens Project ($519k), Columbia Basin College Foundation ($519k) and Psychedelic Research and Training Institute ($519k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $94k (19% of expenses). Other salaries and wages came to $141k. At year end it held assets of $1.4m against liabilities of $356k, net assets of $1.1m. It reported 16 employees.