Elevator Constructors Union Local No 1

Analysis

Elevator Constructors Union Local No 1 is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Elevator Constructors Union Local No 1 reported income of $3.1m and spending of $2.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.1m (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elevator Constructors Union Local No 1 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Trident Technical College Foundation Incorporated ($3.1m), Invent Learning Hub ($3.1m) and Rollins Child Development Center Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $720k (29% of expenses). Other salaries and wages came to $256k. At year end it held assets of $3.9m against liabilities of $1.0m, net assets of $2.9m. It reported 28 employees.