Plumbers-No 8 Educational Training Program Fund

Analysis

Plumbers-No 8 Educational Training Program Fund is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 1983, 43 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 April 2023, Plumbers-No 8 Educational Training Program Fund reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.3m to $1.6m (+22%), an average of +5.1% a year. The sharpest change came in the year to April 2022, when income rose by 18%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers-No 8 Educational Training Program Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Kokomo Community Development Corporation ($1.6m), Community Building Institute Middletown ($1.6m) and Action Greensboro ($1.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $233k (17% of expenses). Other salaries and wages came to $395k. At year end it held assets of $3.6m against liabilities of $53k, net assets of $3.5m. It reported 35 employees.