Ohio Laborers Training and Apprenticeship Fund

Analysis

Ohio Laborers Training and Apprenticeship Fund is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Ohio Laborers Training and Apprenticeship Fund reported income of $9.0m and spending of $9.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.1m to $9.0m (-1.4%), an average of -0.4% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Laborers Training and Apprenticeship Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Hopeworks ($9.0m), Heartwood Lodge Trinity Health ($9.0m) and Starc of Louisiana Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $546k (6.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $24.3m against liabilities of $858k, net assets of $23.4m. It reported 52 employees.