Trade Industries

Analysis

Trade Industries is a registered charity in United States, based in McLeansboro, IL. It received its IRS tax-exemption ruling in March 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Trade Industries reported income of $2.1m and spending of $2.0m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.1m (+27%), an average of +6.3% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trade Industries sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include The Boys & Girls Club of East Aurora Inc ($2.1m), Eden South Bay Inc ($2.1m) and Southwest Georgia Project for Community Education Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 86% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.8m against liabilities of $288k, net assets of $1.5m. It reported 61 employees.