Upper Peninsula Plumbers and Pipefitters Educational Fund

Analysis

Upper Peninsula Plumbers and Pipefitters Educational Fund is a registered charity in United States, based in Bingham Farms, MI. It received its IRS tax-exemption ruling in December 1967, 59 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, Upper Peninsula Plumbers and Pipefitters Educational Fund reported income of $679k and spending of $467k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $586k to $679k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Upper Peninsula Plumbers and Pipefitters Educational Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Alliance for Refugee Youth Support and Education ($679k), Mountain Lakes Free Public Library ($679k) and Butterflies Academy ($679k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $144k. At year end it held assets of $1.1m against liabilities of $29k, net assets of $1.1m.