Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR

Analysis

Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR is a registered charity in United States, based in Schoolcraft, MI. It received its IRS tax-exemption ruling in April 1987, 39 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, Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include San Juan Diego Catholic Regional High School ($1.4m), Bridges Educational Foundation Inc ($1.4m) and Morning Star Academy Association ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $370k. At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.1m. It reported 21 employees.