Abc Nevada Chapter Southern Division Apprenticeship Trust Fund

Analysis

Abc Nevada Chapter Southern Division Apprenticeship Trust Fund is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abc Nevada Chapter Southern Division Apprenticeship Trust Fund reported income of $1.1m and spending of $1.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $945k to $1.1m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abc Nevada Chapter Southern Division Apprenticeship Trust Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Fitmoney Inc ($1.1m), Emily Green Shores of the Portsmouth Baptist Assoc Inc ($1.1m) and Boy Scouts of America ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $184k. At year end it held assets of $3.9m against liabilities of $188k, net assets of $3.7m. It reported 14 employees.