New Orleans Electrical Joint Apprenticeship Committee & Trainin

Analysis

New Orleans Electrical Joint Apprenticeship Committee & Trainin is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in January 1958, 68 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 December 2023, New Orleans Electrical Joint Apprenticeship Committee & Trainin reported income of $538k and spending of $646k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $798k to $538k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Orleans Electrical Joint Apprenticeship Committee & Trainin sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Hope ($538k), Cpa of Ps16 - Cornelia F Bradford ($538k) and Desert Foothills Library Association ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 80% of the total. Other salaries and wages came to $171k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.