Plumbers & Pipefitters Local Union 300 Education & Training TR Fund

Analysis

Plumbers & Pipefitters Local Union 300 Education & Training TR Fund is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 2004, 22 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, Plumbers & Pipefitters Local Union 300 Education & Training TR Fund reported income of $859k and spending of $572k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $859k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers & Pipefitters Local Union 300 Education & Training TR Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within ND. Charities of a similar size with the same main cause include Spirit of Excellence Inc ($859k), Chase Academy Inc ($859k) and Konocti Christian Academy ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $128k. At year end it held assets of $2.7m against liabilities of -$2,673, net assets of $2.7m. It reported 12 employees.