Redwood Empire Electrical Training Trust
Analysis
Redwood Empire Electrical Training Trust is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in September 1967, 59 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 December 2023, Redwood Empire Electrical Training Trust reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+8.1%), an average of +2.0% a year. Over the whole period it spent 89% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redwood Empire Electrical Training Trust sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include National Society to Prevent Blindness ($1.3m), Lewis Little Folks Inc ($1.3m) and Brain Injury Alliance of Arizona ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 55% of the total. Other salaries and wages came to $400k. At year end it held assets of $3.3m against liabilities of $667k, net assets of $2.6m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 55%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Society to Prevent Blindness | Sandy Springs | $1.3m |
| Lewis Little Folks Inc | Cleveland | $1.3m |
| Brain Injury Alliance of Arizona | Phoenix | $1.3m |
| Hardee County Fair Incorporated | Wauchula | $1.3m |