Training Education and Technology Fund of Local No One Iatse

Analysis

Training Education and Technology Fund of Local No One Iatse is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Training Education and Technology Fund of Local No One Iatse reported income of $810k and spending of $832k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $810k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Training Education and Technology Fund of Local No One Iatse sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Real Ongoing Opportunities to Soar ($810k), Milaan Foundation ($810k) and Pga Financial Assistance Fund Inc ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $22k (2.7% of expenses). Other salaries and wages came to $108k. At year end it held assets of $2.9m against liabilities of $19k, net assets of $2.9m. It reported 8 employees.