Fort Wayne Construction Trades Inc

Analysis

Fort Wayne Construction Trades Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Fort Wayne Construction Trades Inc reported income of $840k and spending of $615k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $432k to $840k (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 187%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Wayne Construction Trades Inc 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 78th percentile within IN. Charities of a similar size with the same main cause include Curiosity Lab at Peachtree Corners Inc ($839k), Gwscpa Educational Foundation Inc ($840k) and Grassroot Givers Inc ($839k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 64% of the total. Other salaries and wages came to $3,000. At year end it held assets of $349k against liabilities of $0, net assets of $349k.