Masonry Industry Training Assoc

Analysis

Masonry Industry Training Assoc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Masonry Industry Training Assoc reported income of $176k and spending of $182k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $176k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masonry Industry Training Assoc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Huhs Scholarship Foundation Inc ($176k), Carbondale New School ($176k) and Grant Jr Bulldogs Booster Club ($176k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $742k against liabilities of $0, net assets of $742k.