Memphis Plumbers Joint Apprenticeship Committee

Analysis

Memphis Plumbers Joint Apprenticeship Committee is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2004, 22 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 October 2023, Memphis Plumbers Joint Apprenticeship Committee reported income of $499k and spending of $409k, spending 82% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $87k to $499k (+473%), an average of +55% a year. The sharpest change came in the year to October 2020, when income rose by 464%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memphis Plumbers Joint Apprenticeship Committee 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 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Tyger River Childrens Center Inc ($499k), The Auction Academy ($499k) and Small World Montessori Society Inc ($499k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $79k (19% of expenses). Other salaries and wages came to $104k. At year end it held assets of $679k against liabilities of $6,251, net assets of $672k. It reported 13 employees.