Santa Clara County Electrical Jatc

Analysis

Santa Clara County Electrical Jatc is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in April 1978, 48 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 May 2023, Santa Clara County Electrical Jatc reported income of $9.4m and spending of $8.1m, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.8m to $9.4m (+38%), an average of +8.3% a year. The sharpest change came in the year to May 2022, when income rose by 78%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Santa Clara County Electrical Jatc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Joint Apprenticeship and Training Trust Fund Local 103 Ibew ($9.4m), Vocational Visions ($9.4m) and Greater St Louis Inc Foundation ($9.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $48.9m against liabilities of $9.8m, net assets of $39.1m. It reported 53 employees.