Sheet Metal WRKRS Local Union No 17 Joint Apprntc & Training Trust FND

Analysis

Sheet Metal WRKRS Local Union No 17 Joint Apprntc & Training Trust FND is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Sheet Metal WRKRS Local Union No 17 Joint Apprntc & Training Trust FND reported income of $5.0m and spending of $3.6m, leaving 29% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.2m to $5.0m (+58%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheet Metal WRKRS Local Union No 17 Joint Apprntc & Training Trust FND sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Women Helping Women ($5.0m), Ecumenical Center for Religion and Health ($5.0m) and Empac Industrial Resources Inc ($5.0m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 73% of the total. Compensation of current officers, directors and key employees was $798k (22% of expenses). Other salaries and wages came to $153k. At year end it held assets of $12.5m against liabilities of $121k, net assets of $12.4m. It reported 14 employees.