Nashville Area Iron Workers Joint Apprenticeship Committee

Analysis

Nashville Area Iron Workers Joint Apprenticeship Committee is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 1988, 38 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 June 2024, Nashville Area Iron Workers Joint Apprenticeship Committee reported income of $820k and spending of $571k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $503k to $820k (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nashville Area Iron Workers Joint Apprenticeship Committee sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Cobb Veterans Memorial Foundation Inc ($820k), Habitat for Humanity International Inc ($820k) and Amyotrophic Lateral Sclerosis ($820k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $39k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 10 employees.