Williamson College of the Trades

Analysis

Williamson College of the Trades is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in February 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Williamson College of the Trades reported income of $22.4m and spending of $15.5m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $32.1m to $22.4m (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williamson College of the Trades 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 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Marine Corps Scholarship Foundation Inc ($22.4m), Education Service Center Region II of Texas ($22.4m) and Stephens College ($22.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $265k (1.7% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $258.2m against liabilities of $2.6m, net assets of $255.6m. It reported 148 employees.