Waco Electrical Joint Apprenticeship and Training Trust

Analysis

Waco Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in May 1988, 38 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, Waco Electrical Joint Apprenticeship and Training Trust reported income of $213k and spending of $138k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $213k (+3.6%), an average of +3.6% a year. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waco Electrical Joint Apprenticeship and Training Trust sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Robotics Inspiring Science and Engineering Inc ($213k), Alethas Legacy ($213k) and Mates Community Network ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $64k. At year end it held assets of $316k against liabilities of $4,427, net assets of $312k. It reported 5 employees.