Plumbers Pipefitters and Mechanical Equipment Service Local

Analysis

Plumbers Pipefitters and Mechanical Equipment Service Local is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1962, 64 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 June 2023, Plumbers Pipefitters and Mechanical Equipment Service Local reported income of $2.0m and spending of $1.4m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $2.0m (+61%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers Pipefitters and Mechanical Equipment Service Local sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Chicago Montessori NFP ($2.0m), Asheville-Buncombe Technical Community College Foundation Inc ($2.0m) and Junior Devils Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $169k (12% of expenses). Other salaries and wages came to $426k. At year end it held assets of $4.3m against liabilities of $349k, net assets of $3.9m. It reported 62 employees.