Utah Electrical Joint Apprenticeship and Training

Analysis

Utah Electrical Joint Apprenticeship and Training is a registered charity in United States, based in West Jordan, UT. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2023, Utah Electrical Joint Apprenticeship and Training reported income of $3.0m and spending of $2.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.0m (+3.1%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. 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, Utah Electrical Joint Apprenticeship and Training sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include Ayurvedic Institute ($3.0m), Community Foundation of Greater New Britain Inc ($3.0m) and Montessori Discovery of the Child Foundation Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $127k (4.9% of expenses). Other salaries and wages came to $857k. At year end it held assets of $10.8m against liabilities of $4,996, net assets of $10.8m. It reported 12 employees.