Plumbers & Pipefitters Local No 9 Education Fund

Analysis

Plumbers & Pipefitters Local No 9 Education Fund is a registered charity in United States, based in Englishtown, NJ. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Plumbers & Pipefitters Local No 9 Education Fund reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $1.9m (+0.9%), an average of +0.2% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers & Pipefitters Local No 9 Education Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Schoharie Community Action Program Corp ($1.9m), Rural Development Fund ($1.9m) and Envision Utah ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $690k. At year end it held assets of $4.1m against liabilities of $27k, net assets of $4.1m. It reported 22 employees.