Sheet Metal Workers Local 20 Apprenticeship & Training TR

Analysis

Sheet Metal Workers Local 20 Apprenticeship & Training TR is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2003, 23 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, Sheet Metal Workers Local 20 Apprenticeship & Training TR reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheet Metal Workers Local 20 Apprenticeship & Training TR sits at the 89th percentile: it is larger than about 88% 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 National Council on Teacher Quality ($4.6m), Sol Aureus College Preparatory ($4.6m) and 100 Academy of Excellence Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $203k (4.4% of expenses). Other salaries and wages came to $975k. At year end it held assets of $7.1m against liabilities of $577k, net assets of $6.5m. It reported 13 employees.