Local 44 J a T C Educational Development Trust

Analysis

Local 44 J a T C Educational Development Trust is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in June 2004, 22 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, Local 44 J a T C Educational Development Trust reported income of $837k and spending of $688k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $837k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local 44 J a T C Educational Development Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Waukegan to College NFP ($837k), Medical Center Nursery School ($838k) and Iowa City Public Library Friends Foundation ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.