International Union of Operating Engineers Local 95 Training Fund

Analysis

International Union of Operating Engineers Local 95 Training Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, International Union of Operating Engineers Local 95 Training Fund reported income of $492k and spending of $390k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $492k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Union of Operating Engineers Local 95 Training Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Smart Start of Pender County ($492k), The R a M Organization ($492k) and Sunrise Montessori School Inc ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $9,852. At year end it held assets of $606k against liabilities of $41k, net assets of $564k. It reported 6 employees.