Alameda County Electrical Industry Apprenticeship & Training Trust

Analysis

Alameda County Electrical Industry Apprenticeship & Training Trust is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in February 2006, 20 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 May 2023, Alameda County Electrical Industry Apprenticeship & Training Trust reported income of $3.1m and spending of $2.6m, spending 81% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.6m to $3.1m (+23%), an average of +5.2% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alameda County Electrical Industry Apprenticeship & Training Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Texas A&m San Antonio Foundation ($3.1m), Accreditation Council for Business Schools and Programs ($3.1m) and Southcrest Christian School Inc ($3.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Other salaries and wages came to $949k. At year end it held assets of $4.9m against liabilities of $432k, net assets of $4.4m. It reported 51 employees.