Monroe Electrical Joint Apprenticeship Training Fund

Analysis

Monroe Electrical Joint Apprenticeship Training Fund is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in June 1983, 43 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 October 2023, Monroe Electrical Joint Apprenticeship Training Fund reported income of $359k and spending of $325k, spending 90% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $287k to $359k (+25%), an average of +25% a year. The sharpest change came in the year to October 2023, when income rose by 25%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe Electrical Joint Apprenticeship Training Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Cacfp Roundtable ($359k), Greater Community Missionary Baptist Church of Pacoima Californ ($359k) and Marshall-Saline Development Corp ($359k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $404k against liabilities of $0, net assets of $404k. It reported 1 employees.