Plumbers & Pipefitters Local 51 Joint Apprenticeship Training Cmte

Analysis

Plumbers & Pipefitters Local 51 Joint Apprenticeship Training Cmte is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in April 1998, 28 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 April 2024, Plumbers & Pipefitters Local 51 Joint Apprenticeship Training Cmte reported income of $2.0m and spending of $1.4m, leaving 28% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.7m to $2.0m (+16%), an average of +3.8% a year. The sharpest change came in the year to April 2024, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers & Pipefitters Local 51 Joint Apprenticeship Training Cmte sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Dress for Success Columbus ($2.0m), New Workforce Directions Inc ($2.0m) and Daya Inc ($2.0m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $492k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 24 employees.