Joint Apprenticeship & Training Committee Paducah Div Southern

Analysis

Joint Apprenticeship & Training Committee Paducah Div Southern is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in April 1970, 56 years ago. 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 December 2023, Joint Apprenticeship & Training Committee Paducah Div Southern reported income of $754k and spending of $384k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $754k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joint Apprenticeship & Training Committee Paducah Div Southern sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Olmsted County Historical Society ($754k), Fuller Normal and Industrial Institute ($754k) and Washington Studio School Inc ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $83k (22% of expenses). Other salaries and wages came to $9,048. At year end it held assets of $1.6m against liabilities of $5,631, net assets of $1.6m. It reported 9 employees.