Byd-Smart Joint Apprenticeship and Training Fund

Analysis

Byd-Smart Joint Apprenticeship and Training Fund is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Byd-Smart Joint Apprenticeship and Training Fund reported income of $107k and spending of $59k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $107k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Byd-Smart Joint Apprenticeship and Training Fund sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Ft Myers Offshore Inc ($107k), Building the Cure Foundation Inc ($107k) and Abbotsford Athletic Booster Club Inc ($107k).

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 $5,040. At year end it held assets of $333k against liabilities of $0, net assets of $333k. It reported 1 employees.