International Union of Operating Engineers Local 295-295c Joint

Analysis

International Union of Operating Engineers Local 295-295c Joint is a registered charity in United States, based in Maspeth, NY. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, International Union of Operating Engineers Local 295-295c Joint reported income of $264k and spending of $182k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $264k (+12%), an average of +2.8% a year. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Union of Operating Engineers Local 295-295c Joint sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Gallia County Convention & Visitors Bureau ($264k), Cape Coral Rotary Foundation Inc ($264k) and Shepherd Sugar Bush Corporation ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $20k (11% of expenses). At year end it held assets of $1.3m against liabilities of $40k, net assets of $1.2m.