North Texas Electrical Joint Apprenticeship and Training TR Fun

Analysis

North Texas Electrical Joint Apprenticeship and Training TR Fun is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, North Texas Electrical Joint Apprenticeship and Training TR Fun reported income of $2.4m and spending of $1.8m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Texas Electrical Joint Apprenticeship and Training TR Fun sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Northwestern Pennsylvania Industrial Resource Center Inc ($2.4m), Western Illinois Works Inc ($2.4m) and Vallonia Industries ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $706k. At year end it held assets of $6.9m against liabilities of $661, net assets of $6.9m. It reported 14 employees.