Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2

Analysis

Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in February 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, Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 reported income of $755k and spending of $629k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $776k to $755k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Trinity Christian Academy of Missouri Inc ($755k), Panama Union School District Parent Council ($755k) and Michigan Sheet Metal Training and Apprenticeship Inc ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $89k (14% of expenses). Other salaries and wages came to $155k. At year end it held assets of $1.8m against liabilities of $16k, net assets of $1.8m. It reported 15 employees.