Tile Marble and Terrazzo Joint Apprenticeship Training Committee

Analysis

Tile Marble and Terrazzo Joint Apprenticeship Training Committee is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in January 1968, 58 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 May 2023, Tile Marble and Terrazzo Joint Apprenticeship Training Committee reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $1.2m to $1.1m (-9.3%), an average of -3.2% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tile Marble and Terrazzo Joint Apprenticeship Training Committee 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 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Transportation Choices Coalition ($1.1m), Simpson Street Development Association Inc ($1.1m) and Clayton Improvement Associaton Ltd ($1.1m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 53% of the total. Compensation of current officers, directors and key employees was $13k (1.1% of expenses). Other salaries and wages came to $524k. At year end it held assets of $1.2m against liabilities of $8,762, net assets of $1.2m. It reported 7 employees.