Operating Engineers Local 101
Analysis
Operating Engineers Local 101 is a registered charity in United States, based in Weston, MO. It received its IRS tax-exemption ruling in July 1971, 55 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, Operating Engineers Local 101 reported income of $5.3m and spending of $3.3m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.3m (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 61% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operating Engineers Local 101 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 MO. Charities of a similar size with the same main cause include Mason Christian Village Inc ($5.3m), Lawrence Economic Development Corporation ($5.3m) and Center for Community Inc ($5.3m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $137k (4.2% of expenses). Other salaries and wages came to $954k. At year end it held assets of $11.7m against liabilities of $101k, net assets of $11.6m. It reported 11 employees.
Income and spending
Where the income comes from
- Program services 95%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mason Christian Village Inc | Cincinnati | $5.3m |
| Lawrence Economic Development Corporation | South Point | $5.3m |
| Center for Community Inc | Sitka | $5.3m |
| John H Shook Foundation | Scotland | $5.3m |