Apprenticeships for America

Analysis

Apprenticeships for America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. 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 December 2023, Apprenticeships for America reported income of $850k and spending of $808k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $850k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apprenticeships for America sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Alumni Association of Medical University of SC ($850k), Catonsville Recreation and Parks Council ($850k) and Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($850k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.