Roofers Local 149 - Southeastern Michigan Roofing Contractors

Analysis

Roofers Local 149 - Southeastern Michigan Roofing Contractors is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in October 2004, 22 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 May 2023, Roofers Local 149 - Southeastern Michigan Roofing Contractors reported income of $408k and spending of $586k, spending 144% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $375k to $408k (+8.9%), an average of +2.9% a year. The sharpest change came in the year to May 2021, when income rose by 67%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roofers Local 149 - Southeastern Michigan Roofing Contractors sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Turbo Charitable Foundation ($408k), Life Enrichment Options ($408k) and Center for Continuing Education Inc ($408k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $194k (33% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.5m against liabilities of $40k, net assets of $1.5m. It reported 2 employees.