International Union of Operating Engineers Local 478 Educational TR

Analysis

International Union of Operating Engineers Local 478 Educational TR is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in May 2002, 24 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 September 2023, International Union of Operating Engineers Local 478 Educational TR reported income of $78k and spending of $34k, leaving 56% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $71k to $78k (+9.6%), an average of +9.6% a year. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Union of Operating Engineers Local 478 Educational TR sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Friends of the American Fork Library ($78k), Parent Booster USA Inc ($78k) and Juanita Elementary PTA ($78k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $343k against liabilities of $5,067, net assets of $338k.