Operating Engineers Apprshp & Skill Improvement Committee for Cent Il
Analysis
Operating Engineers Apprshp & Skill Improvement Committee for Cent Il is a registered charity in United States, based in Mechanicsburg, IL. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 April 2024, Operating Engineers Apprshp & Skill Improvement Committee for Cent Il reported income of $2.3m and spending of $1.9m, spending 84% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.3m to $2.3m (+83%), an average of +16% a year. The sharpest change came in the year to April 2022, when income rose by 38%. Over the whole period it spent 94% 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 Apprshp & Skill Improvement Committee for Cent Il sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Covenant Community Capital Corporation ($2.3m), Mountain Family Center ($2.3m) and Rural Electric Economic Development Inc ($2.3m).
On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $540k. At year end it held assets of $1.9m against liabilities of $2,846, net assets of $1.9m. It reported 9 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant Community Capital Corporation | Houston | $2.3m |
| Mountain Family Center | Granby | $2.3m |
| Rural Electric Economic Development Inc | Madison | $2.3m |
| Metropolitan Housing Development Corporation | Chicago | $2.3m |