Wisconsin Operating Engineers Skill Improvement and Apprenticeship Fun

Analysis

Wisconsin Operating Engineers Skill Improvement and Apprenticeship Fun is a registered charity in United States, based in Pewaukee, WI. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Wisconsin Operating Engineers Skill Improvement and Apprenticeship Fun reported income of $13.4m and spending of $11.8m, spending 87% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $10.2m to $13.4m (+31%), an average of +9.5% a year. The sharpest change came in the year to May 2023, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wisconsin Operating Engineers Skill Improvement and Apprenticeship Fun sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Just a Start Inc ($13.4m), Nueva Esperanza ($13.5m) and Good Vocations Inc ($13.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $39.5m against liabilities of $15.7m, net assets of $23.8m. It reported 86 employees.