J T Mitchell Pre-Apprenticeship Academy

Analysis

J T Mitchell Pre-Apprenticeship Academy is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, J T Mitchell Pre-Apprenticeship Academy reported income of $101k and spending of $146k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $28k to $101k (+265%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 199%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, J T Mitchell Pre-Apprenticeship Academy sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Heartstone Ministries ($100k), Friends of Herter Park Inc ($101k) and Great Lakes Biomimicry Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of -$45k against liabilities of $0, net assets of -$45k.