North Central States Regional Council of Carpenters TRNG Fund

Analysis

North Central States Regional Council of Carpenters TRNG Fund is a registered charity in United States, based in Altoona, WI. It received its IRS tax-exemption ruling in June 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Central States Regional Council of Carpenters TRNG Fund reported income of $6.3m and spending of $4.4m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $6.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central States Regional Council of Carpenters TRNG Fund sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Communities in Schools of Eastern Pennsylvania Inc ($6.3m), National Assoc of State Directors of Developmental Disabilities Ser ($6.3m) and Friends of Iolani Palace ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $198k (4.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $12.9m against liabilities of $20k, net assets of $12.9m. It reported 26 employees.