Sheet Metal 18 Local Training Fund

Analysis

Sheet Metal 18 Local Training Fund is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in June 2017, 9 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 December 2023, Sheet Metal 18 Local Training Fund reported income of $217k and spending of $147k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $217k (+15%), an average of +15% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheet Metal 18 Local Training Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include McLennan County Pack of Hope ($217k), Mla Educational Services Inc ($217k) and Atlantic Schools Booster Club ($217k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $42k. At year end it held assets of $329k against liabilities of $17k, net assets of $312k. It reported 3 employees.