Tampa Area Electrical Joint Apprenticeship & Training Fund

Analysis

Tampa Area Electrical Joint Apprenticeship & Training Fund is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tampa Area Electrical Joint Apprenticeship & Training Fund reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.3m (-7.9%), an average of -2.0% a year. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tampa Area Electrical Joint Apprenticeship & Training Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Grand Penn Community Alliance Inc ($1.3m), Washington County Vocational Workshop ($1.3m) and Tabernacle Community Development ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $294k (24% of expenses). Other salaries and wages came to $321k. At year end it held assets of $1.4m against liabilities of $40, net assets of $1.4m. It reported 11 employees.