Local 126 Ibew Occupational Safety Health & Educ Trust Fund

Analysis

Local 126 Ibew Occupational Safety Health & Educ Trust Fund is a registered charity in United States, based in Collegeville, PA. It received its IRS tax-exemption ruling in September 1973, 53 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 December 2023, Local 126 Ibew Occupational Safety Health & Educ Trust Fund reported income of $7.8m and spending of $4.6m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $7.8m (+0.4%), an average of +0.1% a year. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Local 126 Ibew Occupational Safety Health & Educ Trust Fund sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Domel Inc ($7.8m), State University of New York at Oneonta Foundation Corporation ($7.8m) and Papa Ola Lokahi ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $762k. At year end it held assets of $36.8m against liabilities of $4,424, net assets of $36.7m. It reported 5 employees.