Arizona Pipe Trades Joint Apprenticeship Trust

Analysis

Arizona Pipe Trades Joint Apprenticeship Trust is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1997, 29 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 November 2023, Arizona Pipe Trades Joint Apprenticeship Trust reported income of $10.8m and spending of $8.3m, leaving 24% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $6.3m to $10.8m (+73%), an average of +15% a year. The sharpest change came in the year to November 2023, when income rose by 60%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arizona Pipe Trades Joint Apprenticeship Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include South Central Industries Inc ($10.8m), Downtown Cleveland Alliance ($10.8m) and Ocab Inc Community Action Agency ($10.8m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 7.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.1m (14% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $19.1m against liabilities of $520k, net assets of $18.6m. It reported 119 employees.