Construction Careers Foundation

Analysis

Construction Careers Foundation is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Construction Careers Foundation reported income of $899k and spending of $897k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $899k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Construction Careers Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include The Launch Pad Teen Center ($897k), Y E S of Pend Oreille County ($901k) and Swan City Soccer Club Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $124k (14% of expenses). Other salaries and wages came to $311k. At year end it held assets of $381k against liabilities of $74k, net assets of $307k. It reported 5 employees.