San Francisco Electrical Industry Apprenticeship and Training Trust

Analysis

San Francisco Electrical Industry Apprenticeship and Training Trust is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2013, 13 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, San Francisco Electrical Industry Apprenticeship and Training Trust reported income of $2.7m and spending of $4.2m, spending 153% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $6.7m to $2.7m (-59%), an average of -26% a year. The sharpest change came in the year to May 2023, when income dropped by 45%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Francisco Electrical Industry Apprenticeship and Training Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Birches School Inc ($2.7m), Philadelphia Academy of School Leaders ($2.7m) and Wine Education Council Inc ($2.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 15% and program service revenue 88% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $23.7m against liabilities of $866k, net assets of $22.8m. It reported 35 employees.