Inland Empire Electrical Training Trust

Analysis

Inland Empire Electrical Training Trust is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2023, Inland Empire Electrical Training Trust reported income of $821k and spending of $848k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $681k to $821k (+21%), an average of +4.8% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inland Empire Electrical Training Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Tpaa Foundation ($821k), American College of Bankruptcy Foundation ($821k) and Baltimore Torah School ($821k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). Other salaries and wages came to $237k. At year end it held assets of $869k against liabilities of $58k, net assets of $812k. It reported 5 employees.