Cache Employment & Training Center

Analysis

Cache Employment & Training Center is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cache Employment & Training Center reported income of $4.4m and spending of $4.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $4.4m (+22%), an average of +5.1% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cache Employment & Training Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Community Development Support Association Inc ($4.4m), Swi Industrial Solutions Inc ($4.4m) and Wilmington Neighborhood Conservancy Land Bank Corporation ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $7.0m against liabilities of $328k, net assets of $6.7m. It reported 159 employees.