Northern California Valley Sheet Metal Industry Joint Apprenticeshi

Analysis

Northern California Valley Sheet Metal Industry Joint Apprenticeshi is a registered charity in United States, based in Mather, CA. It received its IRS tax-exemption ruling in September 2019, 7 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 June 2024, Northern California Valley Sheet Metal Industry Joint Apprenticeshi reported income of $2.0m and spending of $1.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $2.0m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern California Valley Sheet Metal Industry Joint Apprenticeshi sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include East Lake Academy ($2.0m), Imagine Lone Star International Academy ($2.0m) and Lake Area Technical College Foundation ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $685k (45% of expenses). Other salaries and wages came to $109k. At year end it held assets of $6.1m against liabilities of $1.4m, net assets of $4.6m. It reported 7 employees.