Fresno & Vicinity Sheet Metal Industry Apprent & Train TR Fund

Analysis

Fresno & Vicinity Sheet Metal Industry Apprent & Train TR Fund is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 September 2023, Fresno & Vicinity Sheet Metal Industry Apprent & Train TR Fund reported income of $678k and spending of $565k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $497k to $678k (+36%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno & Vicinity Sheet Metal Industry Apprent & Train TR Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Friends of Hockessin Colored School 107 Inc ($678k), United States Association for Small Business and Entrepreneurship ($679k) and Community Counsel ($678k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $233k (41% of expenses). Other salaries and wages came to $62k. At year end it held assets of $2.3m against liabilities of $831k, net assets of $1.4m. It reported 9 employees.