Management Training & Consulting Corporation

Analysis

Management Training & Consulting Corporation is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in March 1980, 46 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 (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, Management Training & Consulting Corporation reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.5m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Management Training & Consulting Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Sheet Metal Workers Local 88 Joint Apprenticeship & Training Fund ($3.5m), International Pipe Trades Joint Training Committee Inc ($3.5m) and Community Resource Center Inc ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $34k. It reported 125 employees.