Cement Masons Joint Apprenticeship and Training Trust Fund

Analysis

Cement Masons Joint Apprenticeship and Training Trust Fund is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 1991, 35 years ago. 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 July 2023, Cement Masons Joint Apprenticeship and Training Trust Fund reported income of $369k and spending of $316k, spending 86% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $231k to $369k (+60%), an average of +17% a year. The sharpest change came in the year to July 2021, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cement Masons Joint Apprenticeship and Training Trust Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include National Assoc of Anorexia Nervosa and Associated Disorders Inc ($369k), South Carolina First Steps to School Readiness Board of Trustees ($369k) and Monroe Pipe Trades Joint Apprenticeship & Training Comm TR ($369k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $116k. At year end it held assets of $520k against liabilities of $6,102, net assets of $514k. It reported 3 employees.