Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra

Analysis

Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 1977, 49 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 December 2023, Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra reported income of $148k and spending of $117k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $148k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Stella Roman Foundation ($148k), Boise Music Week ($148k) and Topeka Rotary Foundation ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $74k against liabilities of $930, net assets of $73k.