Western Great Lakes Finishing Trades Institute

Analysis

Western Great Lakes Finishing Trades Institute is a registered charity in United States, based in Big Bend, WI. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Western Great Lakes Finishing Trades Institute reported income of $2.1m and spending of $2.3m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $2.1m (+67%), an average of +14% a year. The sharpest change came in the year to May 2020, when income rose by 65%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Great Lakes Finishing Trades Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include The Jane Stern Dorado Community Library Inc ($2.1m), National Association for Gifted Children ($2.1m) and National Steering Committee for Concrete Industry Management Ed ($2.1m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $543k. At year end it held assets of $3.4m against liabilities of $1.1m, net assets of $2.3m. It reported 10 employees.