Plumbers & Pipefitters Local 162 Apprenticeship TR

Analysis

Plumbers & Pipefitters Local 162 Apprenticeship TR is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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 2024, Plumbers & Pipefitters Local 162 Apprenticeship TR reported income of $801k and spending of $692k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $678k to $801k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plumbers & Pipefitters Local 162 Apprenticeship TR sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Global Network Foundation Inc Society of Intl Business Fellows ($801k), Penacook Civil Defense Rescue Squad ($801k) and Chinese Community Center Inc ($801k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $176k (25% of expenses). Other salaries and wages came to $209k. At year end it held assets of $1.1m against liabilities of $3,074, net assets of $1.1m. It reported 18 employees.