Operating Engineers 103 Iuoe Apprenticeship & Training Program

Analysis

Operating Engineers 103 Iuoe Apprenticeship & Training Program is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in January 1969, 57 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 March 2023, Operating Engineers 103 Iuoe Apprenticeship & Training Program reported income of $4.8m and spending of $3.7m, leaving 22% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $3.5m to $4.8m (+35%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 22%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operating Engineers 103 Iuoe Apprenticeship & Training Program sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include The Coordination Lab Inc ($4.8m), El Centro Inc ($4.8m) and Warm Springs Community Action Team ($4.8m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $112k (3.0% of expenses). Other salaries and wages came to $789k. At year end it held assets of $12.7m against liabilities of $24k, net assets of $12.7m. It reported 21 employees.