Walter M Matthews & John M Sheehan Metal Lathers Loc 46 SCHLRSHP Fund

Analysis

Walter M Matthews & John M Sheehan Metal Lathers Loc 46 SCHLRSHP Fund is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in December 1967, 59 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, Walter M Matthews & John M Sheehan Metal Lathers Loc 46 SCHLRSHP Fund reported income of $362k and spending of $398k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $620k to $362k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walter M Matthews & John M Sheehan Metal Lathers Loc 46 SCHLRSHP Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Val Verde Training Center ($362k), National Society for Experiential Education ($362k) and Project Talk Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 108% of the total. Other salaries and wages came to $5,338. At year end it held assets of $1.9m against liabilities of $9,564, net assets of $1.8m.