Merit Alliance Construction Training Institute Inc

Analysis

Merit Alliance Construction Training Institute Inc is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Merit Alliance Construction Training Institute Inc reported income of $124k and spending of $149k, spending 120% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $227k to $124k (-46%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merit Alliance Construction Training Institute Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Great Schools of New Jersey ($124k), Altrusa International Foundation Inc ($124k) and Seattle Community College Parent Cooperative Preschool ($124k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $127k against liabilities of $39k, net assets of $88k.