Southwestern Idaho Electrical Joint Apprenticeship and Training Trust

Analysis

Southwestern Idaho Electrical Joint Apprenticeship and Training Trust is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in January 2001, 25 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, Southwestern Idaho Electrical Joint Apprenticeship and Training Trust reported income of $1.8m and spending of $1.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Idaho Electrical Joint Apprenticeship and Training Trust sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include Trustees of the Free Public Library of the Township of Montville ($1.8m), St Augustine Academy Inc ($1.8m) and Governors State University Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $138k (12% of expenses). Other salaries and wages came to $278k. At year end it held assets of $6.5m against liabilities of $1.4m, net assets of $5.1m. It reported 27 employees.