Floor Covering Industry Joint Apprntcshp & Jrnymn Training Fund

Analysis

Floor Covering Industry Joint Apprntcshp & Jrnymn Training Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Floor Covering Industry Joint Apprntcshp & Jrnymn Training Fund reported income of $116k and spending of $136k, spending 117% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $85k to $116k (+36%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Floor Covering Industry Joint Apprntcshp & Jrnymn Training Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Unity in the Community ($116k), Owego Marketplace Inc ($116k) and Glacial Lakes Area Development ($116k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 19% of the total. At year end it held assets of $347k against liabilities of $2,172, net assets of $345k.