San Diego Electrical Training Trust

Analysis

San Diego Electrical Training Trust is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Diego Electrical Training Trust reported income of $6.1m and spending of $4.5m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $6.1m (+38%), an average of +8.5% a year. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Diego Electrical Training Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Generous Life Foundation ($6.1m), Bluetide Puerto Rico Inc ($6.1m) and Ser-Metro-Detroit Jobs for Progress Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 63% of the total. At year end it held assets of $11.7m against liabilities of $50k, net assets of $11.7m.