Penn High Building Trades Corp

Analysis

Penn High Building Trades Corp is a registered charity in United States, based in Osceola, IN. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Penn High Building Trades Corp reported income of $176k and spending of $31k, leaving 83% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $70k to $176k (+151%), an average of +26% a year. The sharpest change came in the year to July 2023, when income rose by 104%. Over the whole period it spent 22% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Penn High Building Trades Corp sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Grundy Livingston Kankakee Workforce Investment Board Inc ($176k), Better Business Bureau Institute for Marketplace Ethics ($176k) and Lights of the Delta Inc ($176k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.0% and program service revenue 81% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.