Operating Engineers Local 825

Analysis

Operating Engineers Local 825 is a registered charity in United States, based in Springfield, NJ. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2023, Operating Engineers Local 825 reported income of $11.7m and spending of $10.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.8m to $11.7m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operating Engineers Local 825 sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Relief Enterprise Inc ($11.7m), Aspyr ($11.8m) and Sheet Metal Workers 104 & Bay Area Industry Training Fund ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $269k (2.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $22.8m against liabilities of $573k, net assets of $22.3m. It reported 38 employees.