El Paso Electrical Joint Apprenticeship and Training Trust

Analysis

El Paso Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 1969, 57 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 2023, El Paso Electrical Joint Apprenticeship and Training Trust reported income of $448k and spending of $405k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $364k to $448k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Paso Electrical Joint Apprenticeship and Training Trust sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Volunteers of America Inc ($448k), Sheriffs Posse of Sun City West ($448k) and Hermantown Amateur Hockey Association Inc ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $186k. At year end it held assets of $754k against liabilities of $289k, net assets of $465k. It reported 10 employees.