Missouri Valley Line Constructors Apprenticeship Training

Analysis

Missouri Valley Line Constructors Apprenticeship Training is a registered charity in United States, based in Indianola, IA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Missouri Valley Line Constructors Apprenticeship Training reported income of $11.0m and spending of $7.7m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $11.0m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri Valley Line Constructors Apprenticeship Training sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Construction Industry Training Council of Washington ($11.0m), Porterville Sheltered Workshop ($11.0m) and Jobtrain Inc ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $225k (2.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $28.0m against liabilities of $0, net assets of $28.0m. It reported 25 employees.