Operating Engineers Loc 324 Journey Men & Apprentice Trainin F Loc 324

Analysis

Operating Engineers Loc 324 Journey Men & Apprentice Trainin F Loc 324 is a registered charity in United States, based in Howell, MI. It received its IRS tax-exemption ruling in April 1995, 31 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 April 2023, Operating Engineers Loc 324 Journey Men & Apprentice Trainin F Loc 324 reported income of $10.6m and spending of $10.0m, spending 94% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $8.5m to $10.6m (+25%), an average of +5.8% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Operating Engineers Loc 324 Journey Men & Apprentice Trainin F Loc 324 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Nassau Library System ($10.6m), Learn Lonestar Education and Research Network ($10.6m) and Heritage Christian University ($10.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $25.9m against liabilities of $571k, net assets of $25.4m. It reported 72 employees.