National Flooring Contractors Apprenticeship Program Inc

Analysis

National Flooring Contractors Apprenticeship Program Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, National Flooring Contractors Apprenticeship Program Inc reported income of $230k and spending of $261k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $230k (+128%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Flooring Contractors Apprenticeship Program Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Medgar Evers College Auxiliary Enterprises Corp ($230k), Ilmunc ($230k) and Spaulding High School Scholarship TR ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,500. At year end it held assets of $41k against liabilities of $0, net assets of $41k.