International Union of Oprtng Engnr Loc137 137a B&c Appr & SKL Imp FND

Analysis

International Union of Oprtng Engnr Loc137 137a B&c Appr & SKL Imp FND is a registered charity in United States, based in Briarcliff, NY. It received its IRS tax-exemption ruling in September 1963, 63 years ago. 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 Oprtng Engnr Loc137 137a B&c Appr & SKL Imp FND reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Union of Oprtng Engnr Loc137 137a B&c Appr & SKL Imp FND sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include The Mentoring Center ($1.2m), Battery Dance Corporation ($1.2m) and Cross Lines Retirement Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $286k (25% of expenses). Other salaries and wages came to $157k. At year end it held assets of $3.2m against liabilities of $62k, net assets of $3.2m. It reported 3 employees.