San Joaquin & Calaveras Co Electric Training & Educational Trust

Analysis

San Joaquin & Calaveras Co Electric Training & Educational Trust is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, San Joaquin & Calaveras Co Electric Training & Educational Trust reported income of $1.3m and spending of $859k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $789k to $1.3m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Joaquin & Calaveras Co Electric Training & Educational Trust sits at the 78th percentile: it is larger than about 78% 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 Luzerne County Community College Foundation Inc ($1.3m), New Millennium Building Company ($1.3m) and Alumni Fund Alumni Asso College of Medicine Suny Health Science Ctr ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $206k (24% of expenses). Other salaries and wages came to $188k. At year end it held assets of $3.8m against liabilities of $1,877, net assets of $3.8m. It reported 17 employees.