Laborers-Agc Apprenticeship TRNG and Work Preparedness TR of Mt

Analysis

Laborers-Agc Apprenticeship TRNG and Work Preparedness TR of Mt is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in December 1970, 56 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 March 2023, Laborers-Agc Apprenticeship TRNG and Work Preparedness TR of Mt reported income of $295k and spending of $324k, spending 110% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $363k to $295k (-19%), an average of -6.7% a year. The sharpest change came in the year to March 2022, when income dropped by 29%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Laborers-Agc Apprenticeship TRNG and Work Preparedness TR of Mt sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Urban Development Center Inc ($295k), Western Slope Joint Apprenticeship & Training Committee ($295k) and Asbestos Workers Local 14 Scholarship Fund ($295k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 10% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $12k (3.8% of expenses). Other salaries and wages came to $67k. At year end it held assets of $128k against liabilities of $13k, net assets of $114k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.