Cement Masons Local 527 Joint Apprentice and Training Fund

Analysis

Cement Masons Local 527 Joint Apprentice and Training Fund is a registered charity in United States, based in Bridgeton, MO. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Cement Masons Local 527 Joint Apprentice and Training Fund reported income of $671k and spending of $237k, leaving 65% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $167k to $671k (+301%), an average of +301% a year. The sharpest change came in the year to July 2023, when income rose by 301%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cement Masons Local 527 Joint Apprentice and Training Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Pathwise Pathwise ($671k), The Islamic Seminary of America Inc ($671k) and Bell Tech Career Institute Inc ($670k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $89k. At year end it held assets of $588k against liabilities of $0, net assets of $588k.