Southwest Electrical Apprenticeship Program

Analysis

Southwest Electrical Apprenticeship Program is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Southwest Electrical Apprenticeship Program reported income of $110k and spending of $105k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $110k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Electrical Apprenticeship Program 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 42nd percentile within TX. Charities of a similar size with the same main cause include Abington Band Parents Association Inc ($110k), Somerville Music Boosters Inc ($110k) and Siuslaw Public Library Foundation ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8,170 against liabilities of $0, net assets of $8,170.