Arizona Operating Engineers Joint Apprenticeship Fund

Analysis

Arizona Operating Engineers Joint Apprenticeship Fund is a registered charity in United States, based in Casa Grande, AZ. It received its IRS tax-exemption ruling in July 1977, 49 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 May 2023, Arizona Operating Engineers Joint Apprenticeship Fund reported income of $1.5m and spending of $1.1m, leaving 27% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $898k to $1.5m (+72%), an average of +14% a year. The sharpest change came in the year to May 2020, when income rose by 45%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Operating Engineers Joint Apprenticeship Fund 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 81st percentile within AZ. Charities of a similar size with the same main cause include Glory Revealed Mission ($1.5m), St Charles Preparatory School Endowment Fund ($1.5m) and South Suburban Housing Center ($1.5m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $128k (11% of expenses). Other salaries and wages came to $349k. At year end it held assets of $3.1m against liabilities of $48k, net assets of $3.1m. It reported 7 employees.