Apprentice & Journeyman TRG TR Fund of So Ca PLMG HTG & Piping Indus

Analysis

Apprentice & Journeyman TRG TR Fund of So Ca PLMG HTG & Piping Indus is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in August 1959, 67 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Apprentice & Journeyman TRG TR Fund of So Ca PLMG HTG & Piping Indus reported income of $59.1m and spending of $28.8m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.1m to $59.1m (+103%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Apprentice & Journeyman TRG TR Fund of So Ca PLMG HTG & Piping Indus sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Common Ground Management Corporation ($58.9m), Huntsville Rehabilitation FDN ($60.1m) and Goodwill Industries of Upstate Midlands South Carolina Inc ($58.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $641k (2.2% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $170.1m against liabilities of $41.6m, net assets of $128.5m. It reported 202 employees.