Iron Workers Joint Apprenticeship and Training Trust Fund

Analysis

Iron Workers Joint Apprenticeship and Training Trust Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 April 2023, Iron Workers Joint Apprenticeship and Training Trust Fund reported income of $632k and spending of $675k, spending 107% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $490k to $632k (+29%), an average of +6.6% a year. The sharpest change came in the year to April 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iron Workers Joint Apprenticeship and Training Trust Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Gamelan Sekar Jaya ($632k), Boys & Girls Club of Orchard Park ($632k) and Turning Point Center of Addisoncounty Inc ($632k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $58k. At year end it held assets of $3.3m against liabilities of $461k, net assets of $2.8m.