St Paul Pipefitters Joint Journeymen & Apprentice Training T

Analysis

St Paul Pipefitters Joint Journeymen & Apprentice Training T is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 1968, 58 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, St Paul Pipefitters Joint Journeymen & Apprentice Training T reported income of $3.3m and spending of $1.8m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $3.3m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Paul Pipefitters Joint Journeymen & Apprentice Training T sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Mi Casita Day Care Center Inc ($3.3m), Philips Tower Decatur Inc ($3.3m) and Council of Jewish Organizations of Flatbush Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $389k (21% of expenses). Other salaries and wages came to $556k. At year end it held assets of $10.5m against liabilities of $2,627, net assets of $10.5m. It reported 63 employees.