Denver Plumbers JT Apprenticeship and Journeyman Committee

Analysis

Denver Plumbers JT Apprenticeship and Journeyman Committee is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Denver Plumbers JT Apprenticeship and Journeyman Committee reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.6m (+47%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Denver Plumbers JT Apprenticeship and Journeyman Committee sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Inland Futures Foundation of the San Bernardino Community College ($1.6m), Erie Downtown Development Corporation ($1.6m) and Cereal City Development Corporation Kellogg Arena ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $8,474 (0.6% of expenses). Other salaries and wages came to $342k. At year end it held assets of $2.3m against liabilities of $6,252, net assets of $2.3m. It reported 29 employees.