Area 1 Plumbers Joint Apprenticeship and Training

Analysis

Area 1 Plumbers Joint Apprenticeship and Training is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in May 1989, 37 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 December 2023, Area 1 Plumbers Joint Apprenticeship and Training reported income of $949k and spending of $814k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $727k to $949k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Area 1 Plumbers Joint Apprenticeship and Training sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Vanguard Community Development Corporation ($949k), Adirondack Economic Development Corp ($950k) and Excell Partners Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.