Independent Training and Apprenticeship Program

Analysis

Independent Training and Apprenticeship Program is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Independent Training and Apprenticeship Program reported income of $2.6m and spending of $2.3m, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $2.6m (+85%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independent Training and Apprenticeship Program sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Imagine Avondale Middle Inc ($2.6m), Mercantile Library Association of the City of New York ($2.6m) and P2l Pathways to Leadership Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.1m against liabilities of $1.0m, net assets of $1.1m. It reported 15 employees.